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Scopely

Topic: Company

 From HandWiki - Reading time: 9 min
Short description: American entertainment company
Scopely, Inc.
TypeSubsidiary
IndustryVideo games
PredecessorsFoxNext
Founded2011; 13 years ago (2011) in Los Angeles , California, U.S.
Founders
  • Walter Driver
  • Ankur Bulsara
  • Eytan Elbaz
  • Eric Futoran
Headquarters
Culver City, California
,
U.S.
Number of locations
10+ (2022)
Key people
  • Walter Driver (Co-CEO)
  • Javier Ferreira (Co-CEO)
  • Tim O’Brien (CRO)
  • Ankur Bulsara (CTO)
  • Eunice Lee (COO)
  • Ben Webley (CMO)
  • Phil Hardin (CFO)
Products
Number of employees
2,000[1] (2022)
ParentSavvy Games Group (2023-present)
Subsidiaries
  • DIGIT Game Studios
  • PierPlay
  • Genjoy
  • GSN Games
  • Omnidrone
Websitescopely.com

Scopely, Inc. is an American interactive entertainment company and mobile-first video game developer and publisher.[2] The company is headquartered in Culver City, California, with offices across the United States , EMEA and Asia.[3]

Scopely has both internal game development studios as well as partners with external development studios to create free-to-play games.[4][5] Scopely also partners with intellectual property holders to create video games based on popular entertainment brands.[6]

Savvy Games Group, a wholly owned subsidiary of Saudi Arabia's Public Investment Fund (PIF), acquired the company in July 2023 for $4.9 billion.[7]

History

Scopely was founded in 2011 by Walter Driver, Ankur Bulsara, Eric Futoran and Eytan Elbaz.[8][9] Previously, Elbaz co-founded Applied Semantics, which was acquired by Google in 2003, and Bulsara was a software developer at MySpace.[9] In 2014, former Disney Interactive and Electronic Arts executive Javier Ferreira joined Scopely.[10] Former Disney Interactive executive Tim O'Brien joined in 2014 as chief revenue officer.[11]

In August 2015, Scopely ranked #9 on Inc.'s List of the 5000 Fastest-Growing Companies in America, and #1 in the US.[12]

In October 2017, the company announced it was opening an office in Barcelona.[13]

In May 2019, the company acquired Dublin-based DIGIT game studios, its collaborator on the mobile 4x strategy game Star Trek Fleet Command.[14]

In June 2019, the company shared it had surpassed $1 billion in lifetime revenues.[15]

In January 2020, the company purchased FoxNext Games Los Angeles and its RPG game MARVEL Strike Force, along with Cold Iron Studios, from The Walt Disney Company for an undisclosed amount.[16] Scopely later sold Cold Iron Studios to Daybreak Game Company.[17]

In April 2020, Scopely also acquired PierPlay game studio, its collaborator on the mobile word game Scrabble GO.[18]

In October 2021, Scopely acquired Game Show Network's online gaming division (GSN Games) from Sony in a $1 billion cash and stock deal. Sony Pictures took a minority stake in the company as a result.[19][20]

Savvy Games Group announced its intent to acquire Scopely, Inc for $4.9 billion on April 5, 2023.[21][22] The acquisition was completed on July 13, 2023.[7] In June 2023, Scopely acquired Tag Games.[23]

Games

In January 2012, Scopely launched its first free-to-play mobile game Dice with Buddies,[24] followed that year by Jewels with Buddies[25] and Bubble Galaxy with Buddies,[26] which debuted as the #1 free app in the App Store.[27]

In April 2013, Scopely launched Mini Golf MatchUp, a head-to-head game developed with New Zealand-based studio Rocket Jump.[4][28] The game was #1 for free apps in the App Store in 49 countries[4] and the #1 app on both the iPhone and the iPad in the U.S.[29] In September 2013, Scopely launched Wordly, a spelling game that reached #1 on the top free apps chart in the App Store, and was the first game with single-player mode developed by Scopely.[30] In November 2013, the company launched the Skee-ball game Skee-ball Arcade, which reached #1 overall in the App Store.[31]

In June 2014, Scopely launched Slots Vacation.[31] In July 2014, Scopely acquired Space Inch's Disco Bees.[32]

In April 2015, Scopely partnered with Hasbro to launch the only officially licensed Yahtzee game, Yahtzee With Buddies, on iOS, Android and the Apple Watch.[33] The game saw more than 1 million downloads in its first four days.[34][35] In 2016, Scopely released Dice With Ellen, a Yahtzee-style dice game with Ellen DeGeneres.[36]

In May 2015, Scopely signed a multi-year partnership deal with Ireland's DIGIT games studios.[37] The collaboration led to the acquisition of Kings of the Realm, a fantasy strategy MMO game.[38]

In August 2015, Scopely partnered with The Walking Dead series creator Robert Kirkman and Skybound Entertainment to create The Walking Dead, the first free-to-play mobile game based on the graphic novels. The game saw 4 million downloads in its first week, was a Top 25 Grossing Game in 17 countries, and became the 6th consecutive #1 game released by Scopely.[35][39]

In 2016, the company partnered with Sony Pictures TV to launch Wheel of Fortune: Free Play, based on the television game show.[40]

Scopely announced a partnership with World Wrestling Entertainment in 2017 and launched the match-3 game WWE Champions.[41] It won a Webby Award for People's Voice in the sports games category.[42]

In 2017, Scopely's The Walking Dead: Road to Survival experienced programming-induced glitches which affected player usage and brought long wait times for matchmaking. Scopely's game developers apologized and offered virtual items as compensation, but some players complained about the value of those gifts.[43] As of 2018, 40 million people have installed the game since its release.[44]

In 2018, Scopely had four top-grossing games: WWE Champions, The Walking Dead: Road to Survival, Wheel of Fortune: Free Play, and Yahtzee With Buddies.[45] In November 2018, Scopely launched Star Trek Fleet Command, partnering with CBS Interactive and DIGIT Game Studios.[46] In December 2018, Scopely launched Looney Tunes World of Mayhem, a multi-player role-playing game featuring Looney Tunes characters licensed from Warner Bros. Interactive Entertainment, developed in partnership with Aquiris Game Studio.[5][47] The game was downloaded more than one million times on its launch day.[48]

In 2019, the company shared Star Trek Fleet Command surpassed $50 million in revenue in four months.[49]

In 2022, the company acquired the mobile party battle royale game Stumble Guys from Kitka Games.[50]

In April 2023, Scopely launched Monopoly Go!.[51] Monopoly Go! became the biggest mobile game of 2023, generating $1 billion in revenue.[52]

Funding

In 2013, Scopely raised a seed round of $8.5 million,[25] led by Anthem Venture Partners, with participation from The Chernin Group, Greycroft Venture Partners, and New Enterprise Associates.[53] In 2014, Scopely raised a $35 million Series A funding round, led by Evolution Media.[31][54] In 2016, Scopely raised $55 million in Series B funding.[41] In 2017, the company announced $60 million in Series C funding, led by Revolution Growth,[9] and then raised an additional $100 million from Greenspring Associates in 2018.[45]

In 2019, the company announced $200 million in Series D financing, valuing the company at $1.7 billion.[55] In March 2020, the company announced another $200 million in Series D financing, valuing the company at $1.9 billion.[56]

In October 2020, Scopely announced $340 million in Series E financing, valuing the company at $3.3 billion.[57]

As of October 2021, Scopely was valued at $5.4 billion.[58]

References

  1. ↑ "Disney sells 'Marvel $$ Force' game studio FoxNext". 22 January 2020. https://www.latimes.com/entertainment-arts/business/story/2020-01-22/disney-sells-marvel-strike-force-game-studio-foxnext. 
  2. ↑ "Scopely". https://growjo.com/company/Scopely. 
  3. ↑ "Scopely Taps Former Disney Exec to Head New Japan Offices". 12 September 2019. https://www.hollywoodreporter.com/news/scopely-taps-disney-exec-head-new-japan-offices-1238913. 
    - Taylor, Haydn (5 October 2017). "Scopely to open Barcelona office:LA-based mobile publisher going international after receiving $60m investment earlier this year". https://www.gamesindustry.biz/articles/2017-10-05-la-based-mobile-publisher-scopely-to-open-barcelona-office. 
    - "Scopely Acquires Dublin-Based DIGIT Game Studios, Expanding European Footprint". 9 May 2019. https://www.hollywoodreporter.com/news/scopely-acquires-dublin-based-digit-game-studios-1209143. 
  4. ↑ 4.0 4.1 4.2 LaPorte, Nicole (24 September 2013). "Scopely finds hit apps the same way Hollywood lands blockbusters". Fast Company. http://www.fastcompany.com/3018127/digital-hollywood/scopely-finds-hit-apps-the-same-way-hollywood-lands-blockbusters. 
  5. ↑ 5.0 5.1 Chmielewski, Dawn (16 August 2018). "Scopely To Bring Bugs Bunny, Daffy Duck And Other Looney Tunes Characters To Mobile Gaming". Deadline Holloywood. https://deadline.com/2018/08/scopley-bugs-bunny-daffy-duck-looney-tunes-characters-mobile-gaming-1202446642/. 
  6. ↑ Chmielewski, Dawn C. (16 August 2018). "Scopely To Bring Bugs Bunny, Daffy Duck And Other Looney Tunes Characters To Mobile Gaming". https://deadline.com/2018/08/scopley-bugs-bunny-daffy-duck-looney-tunes-characters-mobile-gaming-1202446642/. 
  7. ↑ 7.0 7.1 "Savvy Games completes acquisition of Scopely in e-gaming push". Arab News. 13 July 2023. https://www.arabnews.com/node/2337041/business-economy. 
  8. ↑ Lagorio-Chafkin, Christine (9 August 2016). "The Mobile Gaming Future, According to the Founder Who Lives It Every Day". Inc.. https://www.inc.com/christine-lagorio/scopely-founder-walter-driver-new-funding.html. 
  9. ↑ 9.0 9.1 9.2 Spangler, Todd (15 June 2017). "Mobile Games Maker Scopely Banks $60 Million With Valuation Over $600 Million". Variety. https://variety.com/2017/digital/news/scopely-60-million-funding-revolution-growth-1202467227/. 
  10. ↑ Shields, Mike (2014-04-15). "Hot Mobile Games Company Scopely Nabs Former Disney Executive". https://blogs.wsj.com/cmo/2014/04/15/hot-mobile-games-company-scopely-nabs-former-disney-executive/. 
  11. ↑ Jordan, Jon. "Ex-Disney Mobile exec Tim O'Brien joins Scopely as CRO". http://www.pocketgamer.biz/job-news/59133/ex-disney-mobile-exec-tim-obrien-joins-scopely-as-cro/. 
  12. ↑ "Inc. 5000 List of Fastest-Growing Companies in America". http://www.inc.com/inc5000/list/2015/. 
  13. ↑ Chapple, Craig. "The Walking Dead: Road to Survival developer Scopely opening new studio in Barcelona". http://www.pocketgamer.biz/news/66756/scopely-opening-new-studio-in-barcelona/. 
  14. ↑ "Scopely Acquires Dublin-Based DIGIT Game Studios, Expanding European Footprint". 9 May 2019. https://www.hollywoodreporter.com/news/scopely-acquires-dublin-based-digit-game-studios-1209143. 
  15. ↑ Perez, Matt. "Mobile Games Publisher Scopely Hits $1 Billion In Lifetime Revenue". https://www.forbes.com/sites/mattperez/2019/06/25/mobile-games-publisher-scopely-hits-1-billion-in-lifetime-revenue/. 
  16. ↑ Hayes, Dade (22 January 2020). "Disney Sells FoxNext Games Los Angeles And Cold Iron Studios To Scopely". Deadline Hollywood. https://deadline.com/2020/01/disney-sells-foxnext-games-los-angeles-and-cold-iron-studios-to-scopely-1202837961/. 
  17. ↑ Takahashi, Dean (August 11, 2020). "Daybreak Games acquires Cold Iron Studios, saving the next Alien game". VentureBeat. https://venturebeat.com/2020/08/11/daybreak-games-acquires-cold-iron-studios-saving-the-next-alien-game/. 
  18. ↑ "Scopely acquires PierPlay Game Studio, co-creators of Scrabble® GO" (in en-US). http://scopely.com/blog/scopely-acquires-pierplay-game-studio/. 
  19. ↑ Spangler, Todd (2021-10-18). "Sony Pictures Entertainment to Sell GSN Games Division to Scopely for $1 Billion" (in en-US). https://variety.com/2021/digital/news/sony-sale-gsn-games-scopely-1235091732/. 
  20. ↑ Weprin, Alex (2021-10-18). "Sony Sells GSN Games Studio to Scopely for $1B" (in en-US). https://www.hollywoodreporter.com/business/digital/sony-sells-gsn-games-scopely-1235032997/. 
  21. ↑ "Savvy Games Group to buy mobile game publisher Scopely for $4.9B" (in en-US). 2023-04-05. https://venturebeat.com/games/savvy-games-group-to-buy-mobile-game-publisher-scopely-for-4-9b/. 
  22. ↑ "Saudi's Savvy Games Buys Gamemaker Scopely For $4.9 Billion" (in en). Bloomberg.com. 2023-04-05. https://www.bloomberg.com/news/articles/2023-04-05/saudi-s-savvy-games-buys-gamemaker-scopely-for-4-9-billion. 
  23. ↑ Griffiths, Daniel; PocketGamer.biz, Editor- (2023-06-29). "Scopely acquires Dundee-based Tag Games". Pocketgamer.biz. https://www.pocketgamer.biz/news/81859/scopely-acquires-dundee-based-tag-games/. 
  24. ↑ Dave, Paresh (26 July 2016). "Scopely, Kite & Lightning and Masterclass among week's L.A. tech highlights". Los Angeles Times. https://www.latimes.com/business/technology/la-fi-tn-la-tech-20160726-snap-htmlstory.html. 
  25. ↑ 25.0 25.1 Cutler, Kim-Mai (19 September 2012). "Confirmed: Scopely's New $8.5M Funding Round Was Not Wrapped In Bacon". Techcrunch. https://techcrunch.com/2012/09/19/scopely-raises-8-5-million-anthem/. 
  26. ↑ Fahey, Mike (24 October 2012). "Every Friend Recruited for Bubble Galaxy with Buddies is Clean Drinking Water for Burkina Faso". Kotaku. https://kotaku.com/every-friend-recruited-for-bubble-galaxy-with-buddies-i-5954431. 
  27. ↑ Carney, Michael (28 February 2013). "Scopely announces first five developer partners, adding Double Fine and others to publishing platform". Pando. https://pando.com/2013/02/28/scopely-announced-first-five-developer-partners-ads-double-fine-and-others-to-publishing-platform/. 
  28. ↑ Jordan, Jon. "Following Mini Golf Matchup's success, Scopely adds Darion Lowenstein as games VP". Pocketgamer.biz. http://www.pocketgamer.biz/r/PG.Biz/Scopely+news/news.asp?c=49955. 
  29. ↑ "MiniGolf Match Up Ranking". Appannie. http://www.appannie.com/app/ios/mini-golf-matchup/ranking/#device=iphone&view=best-ranks&date=2013-04-09. 
  30. ↑ Shaul, Brandy (6 September 2013). "Competitive word game Wordly climbs to the top of free iOS charts". Adweek. https://www.adweek.com/digital/competitive-word-game-wordly-climbs-to-the-top-of-free-ios-charts. 
  31. ↑ 31.0 31.1 31.2 Ha, Anthony (13 November 2014). "Scopely Raises $35M For Its Mobile Gaming Platform". https://techcrunch.com/2014/11/13/scopely-series-a/. 
  32. ↑ Shaul, Brandy. "Scopely Announces Publishing Partnership with Make it Rain Developer Space Inch". http://www.insidemobileapps.com/2014/07/21/scopely-announces-publishing-partnership-with-make-it-rain-developer-space-inch/. 
  33. ↑ Dean, Takahashi (9 April 2015). "Yahtzee with Buddies Brings the Popular Family Dice Game to Mobile and to Apple Watch". https://venturebeat.com/2015/04/09/yahtzee-with-buddies-brings-the-popular-family-dice-game-to-mobile-and-to-apple-watch/. 
    - Shaul, Brandy. "Scopely Launches Yahtzee With Buddies on iOS, Android". AdWeek. http://www.adweek.com/socialtimes/scopely-launches-yahtzee-with-buddies-on-ios-android/618462. 
  34. ↑ Diaz, Justin (20 April 2015). "YAHTZEE With Buddies Reaches More Than 1 Million Downloads In The First Four Days". Android Headlines. https://www.androidheadlines.com/2015/04/yahtzee-with-buddies-reaches-more-than-1-million-downloads-in-the-first-four-days.html. 
  35. ↑ 35.0 35.1 Beer, Jeff (4 November 2015). "How Scopely Plans To Be The Biggest Entertainment Network In Your Pocket". Fast Company. https://www.fastcompany.com/3053064/how-scopely-plans-to-be-the-biggest-entertainment-network-in-your-pocket. 
  36. ↑ "It's time to roll the dice... with Ellen". AppAdvice. 25 August 2017. https://appadvice.com/app/dice-with-ellen-a-fun-new-dice-game/1137266079. 
  37. ↑ Takahashi, Dean (27 May 2015). "Scopely teams up with Ireland's Digit Game Studios to grab bigger slice of $30B mobile game market". VentureBeat. https://venturebeat.com/2015/05/27/scopely-teams-up-with-irelands-digit-game-studios-to-make-mobile-games/. 
  38. ↑ Jordan, Jon (27 June 2017). "The explosive rise of Scopely". Pocketgamer.biz. https://www.pocketgamer.biz/comment-and-opinion/66083/explosive-rise-of-scopely/. 
  39. ↑ Shields, Mike (2 September 2015). "How Scopely and PewDiePie Got Four Million People To Download 'Walking Dead' Game in One Week". Wall Street Journal. https://blogs.wsj.com/cmo/2015/09/02/how-scopely-and-pewdiepie-got-four-million-people-to-download-walking-dead-game-in-one-week/. 
  40. ↑ Slead, Evan (22 September 2016). "Wheel of Fortune creates official mobile game, complete with Pat and Vanna". Entertainment Weekly. https://ew.com/article/2016/09/22/wheel-fortune-mobile-game/. 
  41. ↑ 41.0 41.1 Spangler, Todd (26 July 2016). "Mobile-Game Maker Scopely Raises $55 Million". Variety. https://variety.com/2016/digital/games/scopely-funding-55-million-1201823095/. 
  42. ↑ "2018 Webby Awards". https://www.webbyawards.com/winners/2018/games/general/sports/. 
  43. ↑ Takahashi, Dean (25 July 2017). "Scopely's Walking Dead fans revolt over glitches". https://venturebeat.com/2017/07/25/scopelys-walking-dead-fans-revolt-over-glitches/. 
  44. ↑ Crecente, Brian (2018). "'The Walking Dead' Video Games: An Oral History". Variety. https://variety.com/2018/gaming/news/walking-dead-video-games-oral-history-1202982858/. 
  45. ↑ 45.0 45.1 Spangler, Todd (19 June 2018). "Mobile-Games Company Scopely Raised Additional $100 Million for Acquisitions, Investments". Variety. https://variety.com/2018/digital/news/scopely-100-million-funding-mobile-games-acquisitions-investments-1202848805/. 
  46. ↑ Romano, Nick (28 November 2018). "Star Trek Beyond crew assemble in Fleet Command game footage". Entertainment Weekly. https://ew.com/gaming/2018/11/28/star-trek-fleet-command-chris-pine-zachary-quinto-zoe-saldana/. 
  47. ↑ Takahashi, Dean (13 December 2018). "Scopely launches Looney Tunes: World of Mayhem character battle mobile game". Venture Beat. https://venturebeat.com/2018/12/13/scopely-launches-looney-tunes-world-of-mayhem-character-battle-mobile-game/. 
  48. ↑ Chapple, Craig (24 December 2018). "Scopely's Looney Tunes: World of Mayhem topped 1m downloads on launch day". https://www.pocketgamer.biz/news/69703/scopelys-looney-tunes-world-of-mayhem-topped-1m-downloads-on-day-one/. 
  49. ↑ Jordan, Jon. "The secret of Scopely's success? How we think about IP, says CEO". https://www.pocketgamer.biz/interview/70858/the-secret-of-scopely-success/. 
  50. ↑ Takahashi, Dean (September 8, 2022). "Scopely acquires Stumble Guys battle royale game from Kitka Games". Venture Beat. https://venturebeat.com/games/scopely-acquires-stumble-guys-battle-royale-game-from-kitka-games/. 
  51. ↑ "Monopoly Go! is Scopely’s latest Hasbro board game adaptation" (in en-US). Venture Beat. 2023-04-12. https://venturebeat.com/games/monopoly-go-is-scopelys-latest-hasbro-board-game-adaptation/. 
  52. ↑ Takahashi, Dean (2023-11-16). "Scopely’s Monopoly Go rolls past $1B in revenue" (in en-US). https://venturebeat.com/games/scopelys-monopoly-go-rolls-past-1b-in-revenue/. 
  53. ↑ Carney, Michael (19 September 2012). "Scopely Raises $8.5M, Doesn't Want to Reveal What It's Building (But I Will)". PandoDaily. http://pandodaily.com/2012/09/19/scopely-raises-another-8-5-million-still-doesnt-want-to-reveal-what-its-building/. 
  54. ↑ Spangler, Todd (13 November 2014). "Mobile-Games Startup Scopely Raises $35 Million Led by Evolution Media, Highland Capital". https://variety.com/2014/digital/games/mobile-games-startup-scopely-raises-35-million-led-by-evolution-media-highland-capital-1201355478/. 
  55. ↑ "Video-Game Maker Scopely Is Valued at $1.7 Billion in New Round". 2019-10-29. https://www.bloomberg.com/news/articles/2019-10-29/video-game-maker-scopely-is-valued-at-1-7-billion-in-new-round. 
  56. ↑ "Mobile-Games Company Scopely Raises $200 Million From Chernin Group, Advance". https://variety.com/2020/digital/news/scopely-200-million-funding-chernin-group-advance-1203538997/==. 
  57. ↑ "Scopely raises $340 million at a $3.3 billion valuation as gaming grabs investors' interest". 28 October 2020. https://techcrunch.com/2020/10/28/scopely-raises-340-million-at-a-3-3-billion-valuation-as-gaming-grabs-investors-interest/. 
  58. ↑ Spangler, Todd (2021-10-18). "Sony Pictures Entertainment to Sell GSN Games Division to Scopely for $1 Billion" (in en-US). https://variety.com/2021/digital/news/sony-sale-gsn-games-scopely-1235091732/. 

Further reading

External links



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