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Kongregate

Gaming publisher and flash portal Kongregate announced a series of changes coming later this month which resulted in the layoff of multiple employees and the closing of submissions for new titles on the site, as spotted by GamesIndustry.biz.

As of Wednesday, the site which has been around since 2006 is no longer accepting new game submissions to its massive flash library of more than 100,000 titles. The company cited an increased focus on its own game development as well as the declining popularity of flash games as the reasons behind the shift.

Some employees took to social media to announce they were laid off from the company, with some noting that this occurred without any notice and stating that they were informed via their direct deposit. It is not clear at this time how many employees were impacted.

Kongregate’s existing portal of 128,000 plus titles will still be available to play, and developers will also still be able to update their games already on the site.

The company also announced other changes set to take place later this month on its website, including the disabling of several social features such as certain chat rooms and non-gaming forums. You can find the full list of changes here, which are set to take effect “on or around” July 22.

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Reinout is a games investor and strategic business consultant specializing in the games industry. Reinout established his credentials through his own successful investments, start-ups, consulting and (advisory) board positions that led through time to strong bonds with key stakeholders in this fast paced industry. He is known for his outstanding results in the gaming industry. He has worked with many game studios around the globe and is therefore well known in the international gaming industry.

With over 20+ years of experience, well known publishers, AAA+ game developers, serial gaming entrepreneurs and management teams of gaming corporations consult him on matters that behold financial, technical, operational, strategic and commercial.

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I am observing and overseeing several boards of gaming companies. My trademark is to listen, strategize and give feedback to the stakeholders involved. I also represent management/founders towards shareholders and vice versa.

 
Reinout te Brake

In a career spanning across 20+ years, Reinout te Brake has raised over 100+ Million Euros in Fundraising for a diversity of companies and has worked with several venture capitals firms. Helping gaming companies expand their brand reach, get the right story telling and make an impact on a global scale. Reinout te Brake has had the honor to counsel some of the major gaming companies operating on a global scale. For the last 12 years, he has devoted his major focus towards the niche of gaming consultancy to provide his insight and expertise to help gaming companies reach outstanding financial and business results.