Lionsgate Invests in Next Games

Lionsgate, the entertainment company behind successes such as “The Expendables” and “The Hunger Games” movies, invests in the Finnish startup, Next Games.

Despite having no track-record as a company just yet, Next Games announced today that they will receive an investment from Canadian-American Lionsgate, in addition to the $6 million they received during their initial series A financing round.

Next Games was founded in Finland last year by former Rovio, Supercell, and Disney employees. Most notably, Teemu Huuhtanen, the former vice president of mergers and acquisitions at Rovio, will be leading the young company as the CEO.

 

The first production in development at Next Games is a free-to-play mobile game based on the blockbuster TV series, The Walking Dead. And while the Finnish game company today announced a partnership with Lionsgate, we can rest assured that Next Games isn’t purely going to focus on already existing entertainment-franchises.

For there is another game in development as well – and one based on Next Games’ own IP, that is. There’s no word on what type of game their own IP-production will be, but based on the previous works of the Next Games managers, there’s a high chance we’ll be seeing another successful mobile game from Finland very soon.

 

The increased attention from overseas stakeholders towards newborn Nordic game projects reinforces an increasingly visible tendency among investors to focus more on the team behind a project, than the company track-record. This trend is fortunate for many Nordic game developers as it allows for many smaller companies to emerge out of ex-employees of a larger successful game company in the region.

Authors
Sune Thorsen

Sune is not only a gamer and writer who wishes his keyboard-typing-speed would translate directly into Nintendo 64 controller agility, but also the co-founder and CEO of NordicGameBits.

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