ALTER EGO MEDIA announced that, through its subsidiary ALTER EGO VENTURES, it has acquired a 1% equity stake in CH GAME DEVELOPMENT SOFTWARE LIMITED for €110,000.
CH GAME DEVELOPMENT SOFTWARE LIMITED operates in the eGaming sector and has developed the Couch Heroes platform — a gamified platform offering unique and significant benefits for both developers and users, while simultaneously unlocking hidden value within the video game ecosystem.
Headquartered in both Cyprus and Greece, Couch Heroes operates under the philosophy of “Gamers First.” The company promotes a corporate culture and structure that foster creativity and innovation. One of its core goals is to revitalize the Greek gaming community and inspire the next generation of game development in Greece.
Through this investment, ALTER EGO aims to capitalize on the strong growth potential of the eGaming sector and explore strategic synergies with its existing business activities.
ALTER EGO VENTURES serves as the corporate venture capital arm of the Alter Ego Media Group. It was established to invest in companies with strong growth potential and opportunities for strategic collaboration with the Group's broader operations.
The group of Alter Ego Media
Alter Ego Media is a major media Group in Greece. A large-scale group with over 1,000 staff members, it is also one of the largest content producers in the country.
The Group’s portfolio includes MEGA channel, Greece’s most viewed Tv station and the iconic and historic news media TO VIMA, TA NEA and OIKONOMIKOS TAKHYDROMOS. The IN.GR portal, which significally contributed to the spread of internet in Greece, is another cornerstone of Alter Ego Media. The Group’s portfolio also includes the radio station MY RADIO , the production company ALTER EGO STUDIOS and the content creation company MORE MEDIA.
Committed to responsible journalism and pluralism and with passion for high quality entertainment, Alte Ego Media is investing in new technologies and is evolving into a competititve Media Tech group.