Sega records $200m impairment write-down for Rovio during Q3
Sega Sammy has released its financial results for the nine months ended December 31, 2025, noting significant declines in operating and ordinary income due to new game releases that failed to meet sales expectations. The company also wrote down the value of Angry Birds developer Rovio, acquired in 2023 for $776 million, resulting in an impairment loss of almost $200 million. Sega said Rovio...
Continue Reading on https://www.gamesindustry.biz/