Paramount (PARA)(PARAA) Chief Financial Officer Naveen Chopra is leaving the company to take the same position at Roblox (RBLX), a gaming and creation platform.

In 2021 and 2022, Roblox paid over $1.1 billion to creators, a 164% increase over the previous two-year period. Roblox is Growing Up ...

The rise of studio-developed games also coincides with an aging of Roblox’s user base, which has seen the portion of children under 13 slip to 48% of its daily active users in the fourth quarter ...

Do Big Studios' growth can be attributed to its unique and empathetic approach to game acquisition. "We don't operate as a faceless entity that swoops in to take control.

Roblox Studio head Stefano Corazza says that the game doesn't exploit children, and is instead "a gift".