Blog: expansion

Since the beginning of 2023, NetEase has been rapidly announcing new studios, averaging one per month. These have either been established internally, or acquired. - It acquired SkyBox Labs (Canadian games studio) in January - It announced Spliced in February (a global remote-first studio with offices in the UK, but employees in US, Canada, UK, and ‘beyond’) - It took a short break in March but announced two new studios in May - In April, it announced Anchor Point Studios (based in Spain) - In May, it announced Bad Brain Studios (based in Canada) - Most recently announced PinCool Inc (based in Japan) The cadence of these announcements has positioned NetEase as one of the world’s most active companies in terms of 2023 studio expansion.

DAZN’s 2018 financials highlighted the difficulty of encouraging a transition to consume live sports digitally with its existing portfolio of rights. DAZN has not yet released its 2019 financials, but MIDiA has constructed a robust and accurate subscriber and revenue model for the sport-centric streaming service which will be published in full as part of our DAZN Financials and Subscriber Deep Dive report.