2022 may have been the second-biggest year for games industry investments, mergers, and acquisitions, but 2023 is off to a slow start according to the latest report from Digital Development Management (DDM).
The firm reported today that total games industry investments for the first quarter of 2023 amounted to $755 million, down 41% from the fourth quarter of 2022 and down 78% from last year's first quarter.
It is the lowest quarterly value DDM has seen in more than four years, going back to the third quarter of 2018.
source https://www.gamesindustry.biz/ddm-game-investments-hit-a-four-year-low-in-q1
