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GameJacket closes down

By on June 11, 2009

GameJacket, which provided advertising revenue for Flash-based games, has closed down.

While the company had received funding, it was unable to raise further investment. It seems as if GameJacket was offering $1,000 advances and $0.50 CPMs on flash games, which, if true, were very aggressive rates during an economic downturn. (It’s potentially the same problem, albeit at a different scale, as is besetting in-game advertising business IGA).

Added to the Job Loss Tracker.

About Nicholas Lovell

Nicholas is the founder of Gamesbrief, a blog dedicated to the business of games. It aims to be informative, authoritative and above all helpful to developers grappling with business strategy. He is the author of a growing list of books about making money in the games industry and other digital media, including How to Publish a Game and Design Rules for Free-to-Play Games, and Penguin-published title The Curve: