Picture of Madmind Studio SA logo

MMS — Madmind Studio SA News Story

0.000.00%
pl flag iconLast trade - 00:00
TechnologyHighly SpeculativeMicro CapSucker Stock

Brief: Madmind Studio Signs Publishing Deal With Playway

BRIEF-Madmind Studio Signs Publishing Deal With Playway

- Madmind Studio S.A. MMSP.WA:

  • SAID ON MONDAY IT ENTERED INTO CONTRACT WITH PLAYWAY S.A. FOR THE RELEASE AND DISTRIBUTION OF A NEW VIDEO GAME TITLE 'SUCCUBUS' ON PC

  • TO RECEIVE ONE-OFF NON-REFUNDABLE MINIMUM GUARANTEE OF 600,000 ZLOTYS NET FOR THE 'SUCCUBUS' DISTRIBUTION LICENSE

  • PLAYWAY TO HAVE 25% SHARE OF NET REVENUE THROUGH DISTRIBUTION, MADMIND TO HAVE 75%

  • THE MINIMUM FINANCIAL GUARANTEE WILL BE SETTLED ONCE TOTAL NET REVENUE REACHES 800,000 ZLOTYS

  • AFTER GUARANTEE IS SETTLED, ALL FURTHER NET REVENUE FROM SALES WILL GO TO MADMIND STUDIO


Source text for Workspace: nEM9Xzykja
Further company coverage: MMSP.WA


(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

Recent news on Madmind Studio SA

See all news