(24 October 2024)
Netgem acquires Gamestream’s Cloud Gaming activities
Takeover of Gamestream’s assets
The takeover of Gamestream’s Cloud Gaming activities allows Netgem to anchor this strategy by moving from the status of distributor-integrator to that of operator of the gaming offer; with this transaction, Netgem acquires all of Gamestream’s assets (customer contracts, video game publisher contracts, technology, brands, etc.) and a team of specialists with competencies in all aspects of the video games market.
This takeover will allow Netgem to deploy even more widely its immersive TV content offers, thanks to a proprietary Cloud Gaming solution already tested in real conditions with Tier 1 telecom operators in Europe, Asia and Africa-Middle East.
=> Netgem immediately expands its footprint in emerging markets, with established commercial relationships with several leading telecom operators such as JIO in India, Telkom Indonesia (GameQoo), ETISALAT (UAE) or Sonatel (part of Orange group, Senegal).
It is precisely in these emerging markets that Cloud Gaming makes it possible to considerably expand the distribution of video games, through streaming solutions, due to the cost of consoles or gaming PCs relative to purchasing power. Netgem takes over the partnerships with publishers negotiated by Gamestream and thus increases its content aggregation scope with numerous video games.
This transaction, effective as at 24 October 2024, is carried out by way of a purchase of assets, with Gamestream's liabilities remaining with the collective procedure. It will help consolidate the growth of recurring revenues and improve the Group's margins. Without material impact on the 2024 results, it will have an accretive impact on the accounts from the 2025 financial year with the contribution of the distribution of games.
About GAMESTREAM (14th March 2024) :
"... currently boasting nearly 500,000 subscribers, recently launched a service on PC, TV and mobile with JioGames, a video game leader in India, adding a potential of 1.4 billion additional players on the platform."
Interview @ Ivan Lebeau, Gamestream president - Mar 14, 2024:https://x.com/bfmbusiness/status/1768160772222333051
About NETGEM (24 October 2024):
Netgem supports the audiovisual sector in its digital transformation and asserts itself as an essential partner for telecom operators and media groups to develop new immersive entertainment solutions. Netgem is the publisher of the digital entertainment service netgem.tv, distributed, through a network of fixed and mobile telecom operators in Europe, under the operator's brand (B2B2C model) to more than 700,000 subscribers households.
SOURCES;
NETGEM, OCTOBRE 2024:
RépondreSupprimer> 1 200 000 subscribers!!!
To read:
"Netgem acquires all of Gamestream’s assets ( => customer contracts, video game publisher contracts, technology, brands, etc.) and a team of specialists with competencies in all aspects of the video games market."
_____________________
About GAMESTREAM (14th March 2024) :
"... nearly 500,000 subscribers, recently launched a service on PC, TV and mobile with JioGames, a video game leader in India, adding a potential of 1.4 billion additional players on the platform."
________________
About NETGEM (24 October 2024):
Netgem supports the audiovisual sector in its digital transformation and asserts itself as an essential partner for telecom operators and media groups to develop new immersive entertainment solutions. Netgem is the publisher of the digital entertainment service netgem.tv, distributed, through a network of fixed and mobile telecom operators in Europe, under the operator's brand (B2B2C model) to more than 700,000 subscriber households.
SOURCES ( infos du 24 oct. 2024):
https://www.netgem.com/fr/investisseurs/communiques-de-presse-reglementes
Interessant publicatión:
RépondreSupprimerslongue1
24 oct. 2024 •11:31
"il n'a repris que les actifs et pas le passif contrairement à ce qui s'était passé avec Vidéofutur dont le prix avait en plus été surévalué. Reste à savoir combien cela a été payé car Netgem a proposé la meilleure offre mais son business est le plus pertinent pour cette acquisition. Néanmoins, comme cette opération est relutive immédiatement, on peut dire que c'est une bonne affaire.
Cette opération s'effectue par voie de reprise d'actifs, le passif de Gamestream restant à la charge de la procédure collective. Elle permettra de consolider la croissance des revenus récurrents et d'améliorer les marges du Groupe. Sans impact matériel sur les résultats 2024, elle aura un impact relutif sur les comptes dès l'exercice 2025 par la contribution de la marge générée par la distribution des jeux."
"Gamestream fait désormais partie de Netgem Group"
RépondreSupprimerIvan LebeauIvan Lebeau
• President & Founder Gamestream
"Je suis ravi d’annoncer que Gamestream fait désormais partie de Netgem Group, l’un des principaux fournisseurs de solutions de divertissement numérique en Europe.
C’est le début d’une puissante combinaison qui redéfinira les frontières du divertissement dans l’industrie des télécommunications !
...
En unissant nos forces à celles de Netgem, nous sommes prêts à faire avancer l’industrie. En combinant le meilleur du cloud gaming et des services de divertissement vidéo SVOD, nous poursuivrons une vision commune : un avenir où les opérateurs télécoms deviendront la plaque tournante innovante du divertissement.
...Je tiens à exprimer ma plus profonde gratitude à nos clients, partenaires et éditeurs de jeux pour votre confiance et votre soutien. Et surtout, à l’incroyable équipe de Gamestream : j’ai beaucoup appris de vous tous.
Aujourd’hui, en tant que membre de Netgem, nous sommes prêts à construire l’avenir prometteur qui nous attend dans le paysage du divertissement.
Restez à l’affût de ce qui s’en vient !"
https://twitter.com/GamestreamPRO/status/1849374360961761621
"Gamestream Joins Netgem:
RépondreSupprimerTogether, We’re Redefining the Future of Entertainment!
Gamestream is now part of Netgem Group, a leading provider of digital entertainment solutions in Europe. This is the start of a powerful combination that will redefine the boundaries of entertainment in the telecom industry.
By joining our forces with Netgem's, we are poised to drive the industry forward. By blending the best of cloud gaming and SVOD video entertainment services, we will pursue a shared vision: a future where telcos become the innovative hub for entertainment, enhancing togetherness and redefining how we connect.
Now, as part of Netgem, we are set to build the promising future that lies ahead in the entertainment landscape, for both publishers and telecom operators.
Stay tuned for what’s coming next!"
Source:
https://www.linkedin.com/posts/gamestream_cloudgaming-svod-entertainment-activity-7255140549630869505-GKuS?utm_source=share&utm_medium=member_desktop
INTERVIEW au
RépondreSupprimerIvan Lebeau,
Président et co-fondateur de Gamestream
Mar 14, 2024:
https://x.com/bfmbusiness/status/1768160772222333051