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Toadman Interactive, an EG7 subsidiary currently developing PlanetSide 2 and more, will shut down.
EG7 Expects 'Steady' Profitability, Outlines DCUO, EQ, LOTRO, and DDO Content Release Plans and More
Enad Global 7 (EG7), the parent company of Daybreak Games, released its Q1 financial report, aiming for transition, seeing steady profitability, and outlining release plans for Daybreak's MMOs and other games.
The Q2 financial report form Enad Global 7 (EG7) is out, and Daybreak Games is a highlight, while first-party titles and big licenses like The Lord of the Rings Online are ones to watch, the Marvel MMO cancellation and pandemic had an impact.
The Q4 2021 report for Enad Global 7 shows high revenue, with confirmations of new content and focus on LOTRO, PlanetSide, and H1Z1 as long-term value drivers.
Enad Global 7's CEO and Founder, Robin Flodin, took to both YouTube as well as Daybreak Game Company's website to give players insight as to how the acquisition of the MMO developer worked and just who EG7 is actually.
Over a year ago rumors were swirling that Daybreak Games was in possession of a Marvel license, and that they may be working on a Marvel MMO. While it's rare that we work off of rumors that can't wholly be substantiated, in the Enad Global 7 investor presentation, it all but proves that either sometime in the past, or even currently, Daybreak Games acquired licensing from Marvel.
Yesterday, EG7 announced the acquisition of Daybreak Game Company for $300M USD, a move that sees the San Diego-based MMO developer move more into the spotlight than it has in years past. Thanks to a new investor presentation from EG7, we now know a bit more about Daybreak itself.
Enad Global 7 has made a few moves recently with the acquisition of not just Pranha Games Inc. but also Big Blue Bubble. The press release indicates that the acquisition agreements are meant to follow their strategy to "perform complementary acquisitions to establish a stronger industry position."