Next Games Clarifies Facts Related to Co-Operation Agreement with Netflix

Next Games announced on 12 June 2019 via a press release that it is collaborating with Netflix to create a mobile game based on the Stranger Things TV series. The Company estimates that the launch will take place in 2020. Due to the strong market reaction, the Company is now clarifying the press release.

Next Games’ business model is based on acquiring rights to create mobile games based on well-known entertainment franchises. The company has previously stated in its strategy that it aims to launch at least one license-based game per year. Entering into co-operation agreements based on such licenses is therefore a central and ordinary part of the Company’s strategy. Consistent with its disclosure policy, the Company has in the past made such agreements public through a press release. For clarity, the Company states that the now published collaboration does not ensure the launch of the game or its future profitability

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 games redefines the way franchise entertainment transforms into highly engaging service-based mobile games. In summer 2018, Next Games launched The Walking Dead: Our World, which utilizes cutting edge AR technology and is powered by Google Maps. Currently Next Games is working on multiple new games based on popular entertainment franchises including, Blade Runner Nexus, for the popular Blade Runner franchise and a mobile game based on Netflix’s Stranger Things. For more information head to www.nextgames.com