Business
Publishing Partnership Agreement
Publishing Partnership Agreement.
About this update from Frontier Developments Plc
[{"type":"text","content":"\n \nRNS Number : 8110B Frontier Developments PLC 11 June 2019 \n\n11 June 2019\nFrontier Developments plc\nPublishing partnership agreement with Haemimont Games\nSurviving Mars and Tropico developer first signee to Frontier Publishing\nFrontier Developments plc (AIM: FDEV, \"Frontier\", the \"Company\"), a leading developer and publisher of videogames based in Cambridge, is pleased to announce a publishing partnership with experienced developer Haemimont Games (the \"Agreement\").\nAs referenced in the Company's 2018 annual results, external partnerships (including third party publishing agreements where Frontier brings other developers' games to market) are expected to form an important element within the Company's plans as it continues to grow its portfolio. The Agreement marks the first publishing partnership under Frontier's new Frontier Publishing initiative.\nHaemimont Games (\"Haemimont\"), founded in 1997 in Bulgaria, boasts a passionate team of over 60 highly skilled people and a wealth of experience in the strategy and management game genres, developing the hit title Surviving Mars and titles in the Tropico series. The partnership will see Frontier and Haemimont work together on a new project for release in two to three years' time, with Frontier providing the development funding as well as marketing and distribution.\nThis deal is strategic and the first step to growing Frontier's publishing business with third party titles. The Board expects the publishing business to become a material contributor to the group in years to come, as more partnerships are agreed.\nFrontier CEO David Braben said: \"This is a strong start for Frontier Publishing - we're delighted to partner with a studio of the quality of Haemimont. Our Frontier Publishing initiative helps us to further expand our game portfolio through external development partnerships that supplement our own internal development roadmap. We are in discussions with other developers and hope to be able to announce further publishing partnerships in the future.\"\nGabriel Dobrev, CEO at Haemimont Games said: \"Partnering with Frontier, who have a long history with great, innovative titles, is the perfect fit for us at Haemimont Games. We're proud to be the first partner for Frontier Publishing and can't wait to reveal details on our brand new project in ...