Game Industry Dealmaking Tops $7.8 Billion In Best Quarter Since 2023

The frigid investment and M&A climate for the video game industry continued to thaw in the first quarter of 2025, topping $7.8 billion in the most active quarter since late 2023. Initial public offerings also spiked, to $2.2 billion, according to the DDM Games Investment Review’s latest quarterly report

“There’s no doubt that ‘survive til 2025’ became a defining mantra for the games industry during recent turbulent years,” said Mitchell Reavis, the report’s director. “While DDM anticipates ongoing layoffs, strategic pivots, and the divestiture of non-core business offerings throughout 2025, the data reveals genuine signs of recovery with investment and M&A trends moving in the right direction.” Continue reading here.