{"id":442,"date":"2019-09-16T19:21:24","date_gmt":"2019-09-16T19:21:24","guid":{"rendered":"http:\/\/dev.gamesround.com\/blog\/?p=442"},"modified":"2019-10-20T19:23:53","modified_gmt":"2019-10-20T19:23:53","slug":"team-17-is-back-in-the-game","status":"publish","type":"post","link":"https:\/\/www.gamesround.com\/blog\/team-17-is-back-in-the-game","title":{"rendered":"Team 17 is back in the game"},"content":{"rendered":"\n

Team 17 – British video game developer and publisher of games like\u00a0Yooka-Laylee<\/em>, the BAFTA-winning\u00a0Overcooked<\/em>\u00a0series, and\u00a0My Time at Portia<\/em>\u00a0disclosed the list’s existence as part of a\u00a0GamesIndustry.biz article<\/a>\u00a0detailing the company’s latest financials.\u00a0<\/p>\n\n\n\n

“Obviously we are ambitious, but I believe we have to be allowed to do things the right way, and the way that we believe in<\/em>.”<\/p> Team 17 CEO Debbie Bestwick <\/cite><\/blockquote>\n\n\n\n

The company saw its revenue increase by 97% to \u00a330.4 million ($37.5 million) with a gross profit increase of 119% at \u00a315.1 million ($18.6 million), leaving it with net cash of \u00a335.8 million ($44.2 million). And despite this formidable result, a publisher will not “be rushed into anything<\/em>” – as says CEO Debbie Bestwick. “I grew up during the era of Infogrames and I saw a lot of bad acquisitions. What’s important is the right acquisitions that suit our business<\/em>.” <\/p>\n\n\n\n

Also, the company notes enhancing the quality of the games they publish. The next third-party release is The Game Kitchen’s Blasphemous, which launches on all consoles today. Team17 is looking to acquire intellectual property, too. Currently, it signs games from independent studios and can invest up to \u00a31 million in each project. 
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Team 17 – British video game developer and publisher of games like\u00a0Yooka-Laylee, the BAFTA-winning\u00a0Overcooked\u00a0series, and\u00a0My Time at Portia\u00a0disclosed the list’s existence as part of a\u00a0GamesIndustry.biz article\u00a0detailing the company’s latest financials.\u00a0 “Obviously we are ambitious, but I believe we have to be allowed to do things the right way, and the way that we believe in.” […]<\/p>\n","protected":false},"author":9,"featured_media":443,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-442","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t