: Machine Zone, a mobile game studio whose CEO previously said all video games will eventually be free-to-play
, has been valued at more than $3 billion according to a media report.
The Wall Street Journal's tech blog Digits says that
according to "people familiar with the negotiations," Machine Zone is currently in talks to raise advanced funding for its upcoming mobile titles.
And the company is said to be projecting revenue of $600 million this year, thanks to virtual currency sales in its Game of War
franchise. Game of War: Fire Age
is regularly featured in the App Store top grossing charts.