Brief: Digital Bros Reverts Publishing Rights Of Control Franchise To Remedy Entertainment

Digital Bros SpA

28/02/2024 16:53

Feb 28 (Reuters) - Digital Bros Spa  DIB.MI :
    * REVERTS PUBLISHING RIGHTS OF CONTROL FRANCHISE TO REMEDY
ENTERTAINMENT
    * BOARD MEETING FOR APPROVAL OF H1 RESULTS POSTPONED TO
MARCH 13,
2024
    * TOTAL REPAYMENT OF MINIMUM EUR 15.7 MILLION WITH A
POTENTIAL
MINOR PREMIUM
    * DIGITAL BROS TO CONCENTRATE ON FEWER TITLES WITH HIGHER
PROFIT
MARGINS AND ON OWNED INTELLECTUAL PROPERTIES WITH LONG-TERM
VALUE CREATION
    * 505 GAMES TO CONTINUE AS EXCLUSIVE PUBLISHER OF CONTROL
UNTIL
DEC 31ST, 2024, EXECUTING EXISTING SUBLICENSING DEALS UNDER
ORIGINAL TERMS

Further company coverage:  DIB.MI 

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