Video games developer, PlaySide Studios (ASX:PLY):
has launch[ed] its third-party publishing division, PlaySide Publishing.
An interesting extension for the largest publicly listed games developer in Australia.
The new division will be focussed on PC and Console and offer a full suit of publishing services for independent develops across the globe.
In video games publishing, the publisher will provide a ‘milestone-based’ investment to the developer to complete the title prior to launch. The developer and publisher then participate in a revenue share agreement on sales of the title.
The division:
Enables playSide to facilitate and participate in the success of third-party titles and “incubate” a deeper portfolio of titles in the key PC and Console segment.
Who will run the division?
Harley Homewood joins as Global Head of Publishing [ex-Team17]
Michael McAlister as Global Head of Marketing & Communications (ex-Bethesda Software & Rockstar Games)
Jordon Cameron in the role of Global Senior Communications Manager (ex-Activision Blizzard)