Next Games Corporation, Half-Year Review 2018
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Focus on preparing The Walking Dead: Our World for global launch - Seite 3
The Blade Runner game has moved from production phase to soft launch, starting from closed beta tests and moving on to opening the game on one market, during the second quarter. The game's production proceeds according to plans. The game in development in collaboration with NBCUniversal has moved from pre-production to production phase.
2018 will be a significant year for Next Games in many ways. During 2017 and early 2018 we have worked hard in preparation to scale our operation to launch new games on many fronts from game development, technology, marketing to analytics, as well as from an operational perspective. I firmly believe team Next Games has succeeded in creating a robust foundation for our future. During 2018 we will see the first results, starting from The Walking Dead: Our World.
STRATEGY AND BUSINESS OUTLOOK:
During January - June 2018 reporting period the company focused on developing new games based on entertainment franchises, such as movies and TV series, preparing for new game launches, and further development of their main product The Walking Dead: No Man's Land. In addition, the company released The Walking Dead: Our World game after the reporting period.
Until now, Next Games had actively operated one live game. The company is now preparing to launch and operate multiple games simultaneously. Next Games has prepared its operations by modifying its organization, in order to achieve efficient scaling to a company with multiple simultaneous live products. The company has appointed new members to its Management team, responsible for game products (Chief Product Officer) and business and operations (Chief Operating Officer). Additionally, the company has significantly invested in technology development and recruited personnel to operate new products. The company's strategy is to maintain control over the whole value chain including game development and live operations as well as significant supporting functions such as marketing, technology and analytics.
Next Games continues to undergo active license partnership negotiations with significant entertainment license holders to strengthen its product portfolio. The company aims at launching at least one new game starting from 2018 according to its previously stated strategy.
UPCOMING EVENTS:
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2 November, 2018 - Business Review January-September 2018
Additional information:
Saara Bergström
CMO
press@nextgames.com
+358 (0)50 483 3896
Certified Adviser: Danske Bank A/S, Finland branch, tel. +358 10 546 7938
About Next Games
Next Games (Helsinki Nasdaq First North: NXTGMS) is the first publicly listed mobile game developer and publisher in Finland, specializing in games based on
entertainment franchises, such as movies, TV series or books. The developers of the critically acclaimed The Walking Dead: No Man's Land redefines the way franchise entertainment transforms into
highly engaging service-based mobile games. Next Games launched The Walking Dead: Our World on 12 July, which utilizes cutting edge AR technology and is powered by Google Maps. Currently Next Games
is working on three new games based on popular entertainment franchises including a mobile game for the popular Blade Runner franchise. Next Games employs over 120 people and is based in
Helsinki, Finland. For more information head to www.nextgames.com
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Next Games Oyj via Globenewswire