Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
October 1, 2016
arrowPress Releases
October 1, 2016
PR Newswire
View All






If you enjoy reading this site, you might also want to check out these UBM Tech sites:


Kabam sells off  Kingdoms of Camelot  and other old titles to focus on big bets
Kabam sells off Kingdoms of Camelot and other old titles to focus on big bets
January 7, 2016 | By Christian Nutt




“Gaea is buying our legacy first-generation mobile games and publishing business. This is a continuation of our strategy of fewer, bigger, bolder games. The market will continue to get bigger for the top mobile games.”

- Kabam COO Kent Wakeford

San Francisco-based mobile studio Kabam has sold off a slate of its older titles -- some of which have been hugely successful in years past -- to Chinese publisher Gaea Mobile.

The package includes Kingdoms of Camelot: Battle for the North, The Hobbit: Kingdoms of Middle-earth, Dragons of Atlantis: Heirs of the Dragon, and a number of the company's third party-developed titles.

These are not new games; Battle for the North launched in 2012. It and The Hobbit had at one time been the company's top-grossing games

Kabam COO Kent Wakeford explains his thinking in an interview with VentureBeat on the news:

“From a management perspective, we don’t want to split our focus. We don’t think that is the way to really succeed. We want to put the smartest people on the biggest opportunities. Supercell is a great example. It’s about being able to create franchises that last years and years.”

The company plans to focus on hits like its current success, Marvel Contest of Champions.

The studio secured a massive $120 million investment from Chinese internet giant Alibaba in 2014, and its CEO, Kevin Chou, said he hopes use that investment to aim at the massive Chinese mobile market in the future -- a sentiment echoed by Wakeford last year. Chou later wrote that he hopes to develop a game that generates $1 billion a year. 

This isn't the first time Kabam has sold off games in its library; in 2014, it offloaded its legacy social game business on RockYou, which specializes in picking up games other publishers no longer wish to operate.



Related Jobs

Age of Learning, Inc.
Age of Learning, Inc. — Glendale, California, United States
[09.30.16]

Senior Visual Interaction Designer
Age of Learning, Inc.
Age of Learning, Inc. — Glendale, California, United States
[09.30.16]

Software Engineer - Unity
Cold Iron Studios
Cold Iron Studios — Santa Clara, California, United States
[09.30.16]

Sr. Animator
Cold Iron Studios
Cold Iron Studios — Santa Clara, California, United States
[09.30.16]

Senior Game Programmer









Loading Comments

loader image