Starbreeze in negotiations to license IP for upcoming game

22 May 2023 07:30

Starbreeze AB is negotiating to license an IP for an upcoming game. The game is expected to have a development and marketing budget estimated to exceed USD 45-50 million, including the first 18 months of live service. The game is scheduled to launch in late 2025 or early 2026. The IP is an iconic brand characterized by collaborative experiences and storytelling in an expansive world, which Starbreeze intends to use as a base in the production of a cooperative multiplayer game. Starbreeze publishes this information due to the impending rights issue and the prospectus which is expected to be published around May 26, 2023.

The agreement is expected to give Starbreeze the right to use the licensed IP to produce a new game within Starbreeze's core genre cooperative multiplayer games with long life (Games as a Service). The IP in question is a so-called cross-media IP and has been used, among other things, as the base for games, computer games, books and short stories as well as feature films.

Starbreeze intends to act as both developer and publisher of the title. A final agreement presupposes satisfactory contractual terms for both parties regarding, but not limited to, any advance payment of the license fee as well as the calculation model for the license fee based on the game's revenue after market launch.

For more information, please contact;;
Tobias Sjögren, CEO
Tel: +46 (0)8-209 229, email: ir@starbreeze.com

This information is information that Starbreeze AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person above, at 07:30 CEST on May 22, 2023.

About Starbreeze

Starbreeze is an independent developer, publisher and distributor of PC and console 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.