Starbreeze enters a partnership with Stockholm Syndrome to expand the PAYDAY™ universe
16 February 2023 09:15
STOCKHOLM, February 16, 2023 – Starbreeze AB today announces that it has entered into an agreement with the Los Angeles-based production company Stockholm Syndrome, founded by the Swedish entrepreneur and media personality, Peter Settman. Under the agreement, Stockholm Syndrome receives an exclusivity period during which time they can represent the PAYDAY IP and work on it with talent such as writers and directors. The goal for the project is to develop a PAYDAY story for tv or film, and find a partner to distribute it worldwide.
With an installed base of almost 40 million, the smash hit game has a long history of players engaging in the story about the PAYDAY-gang. This year the IP is celebrating its 12 years anniversary since the release of the first PAYDAY game. Since then, players regularly get to enjoy new content and chapters in the saga thanks to Starbreeze’s Games-as-a-Service-model.
“We are very pleased to partner with Stockholm Syndrome with the mutual ambition to bring our franchise to new heights and an even broader audience. It is a milestone on our journey to create IP that expands beyond the realm of games, and Stockholm Syndrome is a great partner and meshes perfectly with our mission to build an even broader and more engaged community.”, says Tobias Sjögren, CEO of Starbreeze.
“We’ve had the opportunity to work with a lot of different IPs over the years, and PAYDAY has always been on our radar. It has a cinematic quality and narrative that lends itself to a fantastic live-action adaptation.”, says Peter Settman, Founder of Stockholm Syndrome.
Stockholm Syndrome is a fully independent production company helmed by CEO Greg Lipstone and Founder Peter Settman. Stockholm Syndrome currently has both television and theatrical projects in development with buyers in multiple markets, including North America, UK, and the Nordics.
Greg Lipstone adds, “The timing couldn't be more perfect. The appetite for strong gaming IP’s with a highly engaged fan base, is bigger than ever before. Just look at the success of The Last of Us, Halo, and The Witcher all based on well-known games”.
FOR MORE INFORMATION, PLEASE CONTACT:
Tobias Sjögren, CEO of Starbreeze
Phone: +46 0(8) – 209 229
Greg Lipstone, CEO of Stockholm Syndrome
About Stockholm Syndrome
Stockholm Syndrome is a fully independent production company, with offices in Los Angeles and Stockholm, founded by Peter Settman, a producer and media entrepreneur with 30+ years experience in the entertainment industry. The team is led by two time Emmy-winner, Greg Lipstone, CEO who previously was the President of Propagate, the CEO of All3Media America and a founding partner and board member of ICM Partners. The creative team, which comprises Melanie DiPietro, Samantha Simon, and Marianne Gray, is currently in development on international series and features with global streamers and networks.
Starbreeze is an independent developer, creator, publisher, and distributor of PC and consoles targeting the global market, with studios in Stockholm, Barcelona, Paris and London. Housing the smash hit IP PAYDAY™, Starbreeze develops games based on proprietary and third-party rights, both in-house and in partnership with external game developers. Starbreeze shares are listed on Nasdaq Stockholm under the tickers STAR A and STAR B with the ISIN-codes SE0007158928 (A share) and SE0005992831 (B share). For more information, please visit www.starbreeze.com