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- PlaySide Studios (ASX:PLY) signs a new game to its publishing division called MOUSE, which is being developed by Fumi Games for PC and Console devices.
- MOUSE is a classic-style first-person retro-looking shooter game inspired by 1930s cartoons. It features unique-level designs with an array of weapons to choose from
- Its launch is slated for 2025
- PlaySide will have publishing and marketing rights to launch the game, While Fumi is set to receive a share of net revenue from the sales of the game
- PLY shares are up 5.13 per cent, trading at 82 cents at 12:35 pm AEDT
PlaySide Studios (ASX:PLY) has signed a new game to its publishing division called MOUSE, which is being developed by Fumi Games for PC and Console devices.
With its launch slated for 2025, MOUSE is a classic-style first-person shooter game with a retro look inspired by 1930s cartoons.
“Having enjoyed the run-and-gun action and 1930s-inspired visuals of Cuphead back in 2017, we were instantly attracted to the broad consumer potential of MOUSE,” PLY CEO Gerry Sakkas said.
“Similar to our Dumb Ways to Die brand, we see a huge opportunity to use our experience growing a social media audience to build out the value of this IP as well as further anticipation for the game.”
As part of the collaboration, Playside has agreed to provide Fumi Games with development advances if it can reach the agreed-upon milestones, which are consistent with the benchmark requirements to launch the game.
PlaySide will have publishing and marketing rights to launch the game, While Fumi is set to receive a share of net revenue from the sales of the game.
Playside intends to cover the cost of milestone payments and marketing for the game, which it anticipates to be in the range of mid-single-digits, by utilising its existing cash reserves.
PLY shares were up 5.13 per cent, trading at 82 cents at 12:35 pm AEDT.
