MEDIATONIC INVESTS INTO A STRATEGY GAME SERIES BY NITRO GAMES

Gaming and Mediabrands capital fund Mediatonic makes it’s second investment. Mediatonic funds a series of strategy games built around trading & warfare, developed by Nitro Games.  The publishing and distribution of the games will be handled by an international game publisher, says Jussi Tähtinen, CEO of Nitro Games.

In the production of the new releases built around our own IP we’ll take advantage of the feedback and wishes of the active community of our already released titles. Our goal is to expand the audience of the game series by taking advantage of the opportunities in the growth of digital distribution and at the same time ensuring that the titles are available in traditional retail distribution as well, says Tähtinen. Attaining significant funding from Finland further supports our goal, which is to  further develop the IP within Nitro Games.

-   With it’s two previous titles in the series Nitro Games has already proven that they know how to pull off naval battles & trading in distant countries and also that they are a reliable partner when it comes to finishing projects in time, says Marko Tulonen, CEO of Mediatonic Fund.- In this genre the products have  loyal user bases and long life cycles, as long as the product itself is of high quality. Instead of one day hit sales we often see products with long life, active communities and loyal players in strategy games, estimates Tulonen.

Mediatonic is not investing into the company and therefore will not become a shareholder. The upside for Mediatonic is in the royalties derived from the sales of the products.Mediatonic is a project- and portfolio fund that invests into commercial games, TV-formats, crossmedia products and web services. The investment of the fund is into copyrights, and not into company capital. The upside for Mediatonic comes from the royalties from product revenues.

For more information:

Marko Tulonen, Managing Director, Mediatonic Fund, marko.tulonen(at)mediatonic.fi, tel. +358 40 5089848

Jussi Tähtinen, Managing Director, Nitro Games Ltd, jussi(at)nitrogames.com, tel. +358 44 38810