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Avalanche says it will continue to operate as before, with the studio's strategy and staff remaining unaltered. "With Nordisk Film as the owner of the studio, we will expand our creative horizons ...
Avalanche Studios is currently valued at €117 million. Nordisk Film has been a minority shareholder in Avalanche Studios since 2017, when it paid more than $10 million for a stake in the company.
Nordisk Film, one of the oldest movie studios in the world, purchased Avalanche Studios (“Just Cause,” “Mad Max,” “theHunter”) in the single largest acquisition in the company’s 111 ...
Just Cause and Mad Max developer Avalanche Studios has new ownership. Danish entertainment company Nordisk Film has acquired Avalanche for a total of 117 million euros ($136 million). This is part ...
Avalanche released two games in 2015, Mad Max in September followed by Just Cause 3 in December. It was announced earlier this month the company was working alongside id Software on Rage 2 . Read ...
Nordisk will obtain all shares and full ownership of Avalanche, its three studios (including its new studio opened just last week in Malmö, Sweden) and over 320 developers in the €89 million ...
Cristofer Sundberg, co-founder of Avalanche studios, announced his upcoming departure from the company via Twitter on Thursday. Sundberg, the chief creative officer, will leave in April, after 16 ...
Avalanche Studios lays off 9 percent of its staff & closes two offices. New York and Montreal offices will be closed as the Just Cause developer cuts around 50 employees from its staff.
Around 100 employees at Just Cause developer Avalanche Studios Group are unionizing. This means around a fifth of the 500-person Swedish team is now bargaining with the company’s management for ...
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Avalanche Studios, the developer behind Just Cause 3 and the upcoming Rage 2, has been snapped up by Danish distribution outfit Nordisk Film.. Crucially, Avalanche has revealed that it will remain ...
Avalanche Studios is currently worth $117 million, ... “We have worked closely with Nordisk Film as a minority owner for the past year, which has been a great experience.