Brief: Cherrypick Games To Launch At Least Two New Premium Games In 2024-27

Cherrypick Games SA

22/01/2024 08:24

Jan 22 (Reuters) - Cherrypick Games SA  CHPP.WA :
    * UPDATES ITS GROWTH STRATEGY
    * IT BROADENS ITS 2024-2027 STRATEGY WITH PRODUCTION OF
GAMES FROM
PREMIUM SEGMENT
    * GAMES TO BE LAUNCHED ON MULTIPLE PLATFORMS, INCLUDING
MOBILE
DEVICES, PC, AND CONSOLES
    * COMPANY EXPANDS ITS STRATEGY TO INCLUDE PRODUCTION OF
GAMES FROM
PREMIUM SEGMENT, WHICH CAN BE RELEASED ON MANY PLATFORMS
    * MANAGEMENT SEES THESE GAMES AS HAVING BIGGER COMMERCIAL
POTENTIAL THAN FREE2PLAY AND FREEMIUM PRODUCTIONS
    * STRATEGIC GOAL FOR 2024-2027 IS TO PRODUCE AND PUBLISH AT
LEAST
TWO NEW MULTI-PLATFORM PREMIUM GAMES
    * AS OF NOW MANAGEMENT ALLOWS FOR COOPERATION WITH PUBLISHER
AS
WELL AS INDEPENDENT LAUNCH OF KEY TITLES
    * CURRENTLY WORKS ON PROJECT UNDER WORKING TITLE 'PAPILLON'
    * MANAGEMENT ALSO PLANS TO WORK IN 2024-2027 ON PUBLISHING
OLDER
GAMES FROM ITS PORTFOLIO FOR NEW PLATFORMS
    * COMPANY MAY ALSO CONTINUE COOPERATION WITH EXISTING
PARTNERS OR
ESTABLISH COOPERATION WITH NEW PARTNERS IN ORDER TO IMPLEMENT
PROJECTS FINANCED BY PARTNERS
    * IT ASSUMES THAT STRATEGY REALISATION TO BE FINANCED FROM
OWN
FUNDS
    * COMPANY DOES NOT RULE OUT OBTAINING EXTERNAL CAPITAL IN
ORDER TO
ACCELERATE COMPANY'S DEVELOPMENT
    * IT STRATEGY MAY ALSO BE FINANCED FROM FUNDS FROM POTENTIAL
PUBLISHING DEALS, PARTNERSHIP FINANCE PROJECTS, AND
COMMERCIALISATION OF OLDER GAMES ON NEW PLATFORMS

Source text for Eikon:  ID:nEM1K6kNQa 
Further company coverage:  CHPP.WA 

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