PlaySide (ASX:PLY) partners with gaming influencer One True King

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PlaySide (ASX:PLY) partners with gaming influencer One True King

PlaySide Studios, One True King (OTK), gaming influencer, social media platforms, PC, Mac 
Image source: © Vadymvdrobot | Megapixl.com

Highlights

  • PlaySide Studios is collaborating with One True King (OTK) to co-develop a future version of a multiplayer PC based title.
  • Today the stock closed 7.142% higher at AU$0.900 per share on ASX.
  • OTK will market the title to its extensively growing global audience via its various social platforms.

Australia’s leading video game developer PlaySide Studios Limited (ASX:PLY) shared today that it has partnered with a leading US based gaming influencer and content creation organisation, One True King (OTK). OTK has a reach of more than 21 million people globally.

The Company announced on Wednesday that PlaySide Studios was selected by OTK to co-develop an upcoming version of a multiplayer PC based title. The contract is an important milestone with a fixed price and a material revenue share upon global launch.  As per the agreement, OTK will market the title to its audiences globally through different social platforms. The title is planned to be launched on both PC and Mac in 2Q FY23.

PlaySide Studios provides titles in various categories, like self-published games based on original IP and games developed jointly with studios, like Pixar, Warner Bros, Disney, and Nickelodeon.

 

Today, the stock PLY closed 7.142% higher at AU$0.900 per share on ASX.

With a total reach of over 21 million followers globally, OTK Network was created in 2020 by some of the world’s biggest streamers such as Asmongold, Mizkif, and Esfand.

Bottom Line:

This co-development opportunity with OTK allows the Company to further leverage the PlaySide brand and reinforces PLY’s position as Australia’s leading publicly listed gaming developer. The partnership strategy between the duo reflects the talents and skills each party brings to the table while also incentivising high performance for mutual reward.

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