- Mighty Kingdom (MKL) signs a contract with East Side Games Group (ESGG) to commence work on a new mobile game
- This will be the first game co-developed under a two-year partnership announced in February 2022
- The game will be based on licensed IP involving a universe of recognisable characters and franchises, and will be available worldwide on iOS and Android when completed
- Shares in Mighty Kingdom remained steady on Tuesday, closing at $0.11 each
Mighty Kingdom (MKL) has signed a contract with East Side Games Group (ESGG) to commence work on a new mobile game.
This will be the first game co-developed under a two-year partnership announced in February 2022.
The game will be based on licensed intellectual property (IP) involving a universe of recognisable characters and franchises, and will be available worldwide on iOS and Android when completed.
“Working with the ESGG team has been a fantastic journey — one that we’re so thrilled to see continuing,” said Managing Director and CEO Philip Mayes.
Following cost recoup, the companies will share revenue from the undisclosed game, with other terms of the partnership, subject to confidentiality obligations but being material in the context of the potential revenue to Mighty Kingdom.
Currently, Mighty Kingdom and ESGG are working together on a mobile game based on Star Trek: Lower Decks, which has been soft launched in select markets, including Australia.
The game is open for pre-registration globally and full launch is expected in 2022.
Shares in Mighty Kingdom remained steady on Tuesday, closing at $0.11 each.