Is Kongregate defunct?
On July 1, 2020, Kongregate announced the discontinuation of submissions as it prepared for the end-of-life for Adobe Flash Player by December 31, 2020, in which the software will be disabled in some browsers.
What will happen to Kongregate?
Kongregate will be effectively dead by the end of the year. My guess is it will still be up in 2021, but it will be almost unrecognizable. They might even change the name, because now the name “Kongregate” is forever tainted, and they will want to move away from it.
How much did GameStop pay for Kongregate?
Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next. Swedish entertainment company Modern Times Group (MTG) has acquired GameStop’s Kongregate for an enterprise value of $55 million, the two announced today.
What is Kongregate net worth?
Kongregate was sold to GameStop for between $12 million and $40 million. wat? So is this a thread where we guess Kongregate’s value? Around $30 Million.
Where is Kongregate?
Employee Rating
| Type | Subsidiary |
|---|---|
| HQ | San Diego, CA, US |
| Founded | 2006 |
| Website | kongregate.com |
| Cybersecurity rating | CMore |
Will Kongregate come back?
Video game publisher and web gaming company Kongregate is no longer accepting new submissions for its Kongregate.com gaming portal, the company has announced. As of this writing, Kongregate’s site says there are 128,655 games available on the service, and the announcement means there are unlikely to ever be more.
Where is Kongregate located?
Employee Rating
| Type | Subsidiary |
|---|---|
| HQ | San Diego, CA, US |
| Founded | 2006 |
| Website | kongregate.com |
| Cybersecurity rating | BMore |
What will happen to Kongregate when flash is gone?
Adobe will drop Flash support at the end of the year. Kongregate and other Flash-heavy websites have been working on preserving their Flash titles — by converting to HTML5 or using emulators.
Why did GameStop sell Kongregate?
“We believe the sale of Kongregate to MTG is good for both Kongregate and GME,” GameStop added. “It allows Kongregate to receive additional investment they need to continue to grow and thrive in their market segment. It allows us to use the proceeds from the acquisition in shareholder friendly ways.”
How much can you earn on Kongregate?
If the game has depth and replay value and you implement IAP well then you have a fair chance to be more in the $500 – $2000 per month range. But top-performers will be getting $3000 – $7500+ per month.
Who is the owner of Kongregate.com?
Kongregate is an American mobile, PC, and Console publisher and web gaming portal. The website features over 110,000 online games and 30+ mobile games available to the public. In 2010, it was purchased by Gamestop Corporation and was then acquired by Modern Times Group MT AB in 2017.
What to do in Kongregate run for free?
Run, the hit game from Kongregate comes to mobile for FREE! * Find seven different allies and gain access to their unique talents! * Watch out for breakable tiles! (Or don’t. Repairing them is someone else’s job.) * Run and jump through a galaxy-spanning network of tunnels in Explore Mode. Good luck finding an unbroken path home!
When was Kongregate first released to the public?
Kongregate was released on October 10, 2006 by siblings Emily and Jim Greer into an alpha testing phase, which lasted until December 2006. During this time, game developers and players tested the site’s interface and functionality. In December of the same year, the site was formally opened to the public.
When was Kongregate bought by modern times group?
On June 20, 2017, Kongregate announced it had closed a deal to be acquired by Swedish entertainment company Modern Times Group for $55 million. This follows MTG’s recent purchase of 51% of Hamburg-based online game developer InnoGames in 2016 and 2017.