In today’s issue, we explore studio megaraises: venture-backed gaming companies that have raised millions to fund mostly pure-play, content-focused businesses. We examine the knock-on effects these large investments have had on the funding ecosystem and try to identify the remaining opportunities for teams with similarly grand ambitions. In our latest podcast episode, we sit down with the founder and CEO of Medal to discuss his journey building a leading platform for capturing and sharing gaming moments. Lastly, we bring you this week’s top news items and the latest Content Worth Consuming.