Gaming company Kepler raises $120 million from China's NetEase

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By Supantha Mukherjee
STOCKHOLM (Reuters) - Kepler Interactive, a game publisher co-owned and run by developers, on Tuesday said it got $120 million in funding from Chinese gaming firm NetEase Inc.
The group, formed with seven gaming companies including Alpha Channel and Sloclap, plans to offer game studio founders to become co-owners, share resources and financial gains, while being charge of their own studios.
"We have a studio committee, which meets on a weekly basis, they get involved in major company decisions, but they don't get involved into individual studio decisions, so the studios remain independent," CEO Alexis Garavaryan said in an interview.
Sweden's Embracer had a somewhat similar model in which instead of partnering, it bought companies but allowed their founders to run them independently ...


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