Mighty kingdom Ltd. Google LLC for future technology projects. The company claims that the agreement is an important step for a powerful state and demonstrates its leadership position in the Australian games industry. The contract is a 6-month “work for rent” contract with the option to extend
Mighty Kingdom further clarifies that although the contract itself is material, the revenue under the terms of the contract is not comparable to the market capitalization of the company, as stated in the company’s ASX release dated May 27, 2022.
Mighty Kingdom is expected to entertain more than 7 million players by creating a gaming experience jointly with some of the world’s most famous brands, including LEGO, Disney, Mattel, Funcom, Moose Toys, Spin Master, and others, as well as developing its own original game.
Philip Mayes, Managing Director and CEO of Mighty Kingdom, commented, “We are thrilled to be working with Google to bring our combined strengths together and create something innovative. Fun, accessible games have always been one of our mainstays, and we’re excited to see what will emerge from this partnership with Google. ”