Glu and WWE® Partner on Development of Upcoming Mobile Game
June 20 2017 - 8:00AM
Business Wire
Glu Mobile Inc. (NASDAQ: GLUU), a leading global developer and
publisher of free-to-play mobile games, today announced it has
entered into a multi-year agreement with WWE (NYSE: WWE), a
recognized leader in global entertainment, to develop a mobile game
featuring WWE Superstars, logos and marks. Currently being
developed by the same studio as Glu’s largest sports franchise, Tap
Sports Baseball, Glu’s WWE title will include simple, one-touch
gameplay mechanics with deep meta game features.
The project will utilize the names and likenesses of many of the
organization’s most popular legends including The Undertaker, Stone
Cold Steve Austin, The Rock and Triple H, as well as current roster
of fan-favorites such as John Cena, Roman Reigns and Brock
Lesnar.
“As a leader in sports entertainment, WWE features an enormous
universe of WWE Superstars and ever-evolving storylines,” said
Chris Akhavan, Glu’s Chief Revenue Officer. “We can’t wait to
translate the emotional connection WWE has with its audience into a
mobile game that fans are going to love.”
“WWE fans are digitally-savvy and always looking for new content
featuring their favorite Superstars,” said Casey Collins, WWE
Executive Vice President, Consumer Products. “Glu’s previous
successes in the casual sports genre make them the perfect
developer to bring this project to life.”
Currently slated for global release in 2018, Glu will release
additional information on the game’s development at a later
date.
Cautions Regarding Forward-Looking Statements
This press release contains certain “forward-looking statements”
related to the business of Glu Mobile Inc., including statements
that Glu is developing a mobile game featuring WWE’s Superstars,
logos and marks; that the WWE title will include simple, one-touch
gameplay mechanics; that the project will utilize the names and
likenesses of many of the organization’s most popular legends
including The Undertaker, Stone Cold Steve Austin, The Rock and
Triple H, as well as current roster of fan-favorites like John
Cena, Roman Reigns and Brock Lesnar; that Glu will translate the
passion and emotional connection WWE fans have for the WWE into a
mobile game WWE fans are going to love; that Glu’s previous
successes in the casual sports genre make them the perfect
developer to bring this project to life; and that the game is
slated for global release in 2018. Such forward-looking statements
involve known and unknown risks and uncertainties, including, but
not limited to, the risk that we do not realize the expected
benefits from our agreement with the WWE; the risk that consumer
demand for smartphones, tablets and next-generation platforms does
not grow as significantly as we anticipate or that we will be
unable to capitalize on any such growth; and the risk that we do
not realize a sufficient return on our investment with respect to
our efforts to develop free-to-play games for smartphones, tablets
and next-generation platforms. Certain of these risks and
uncertainties are or will be described in greater detail in our
public filings with the SEC. Glu is not under obligation to (and
expressly disclaims any such obligation to) update or alter its
forward-looking statements whether as a result of new information,
future events or otherwise.
About Glu Mobile
Glu Mobile (NASDAQ:GLUU) is a leading global developer and
publisher of free-to-play mobile games. Glu is focused on creating
compelling original IP games such as CONTRACT KILLER, COOKING DASH,
COVET FASHION, DEER HUNTER, DESIGN HOME, QUIZUP, and RACING RIVALS,
and branded IP games including RESTAURANT DASH WITH GORDON RAMSAY,
KENDALL & KYLIE, MLB TAP SPORTS BASEBALL 2017 and KIM
KARDASHIAN: HOLLYWOOD on the App Store, Google Play and Amazon
Appstore. Founded in 2001, Glu is headquartered in San Francisco
with U.S. offices in Burlingame, San Mateo and Long Beach, and
international locations in Canada, China, India, Japan, and Russia.
Consumers can find high-quality entertainment wherever they see the
‘g’ character logo or at www.glu.com.
For live updates, please follow Glu via Twitter at
www.twitter.com/glumobile and on Instagram at
www.instagram.com/glumobile, or become a Glu fan at
www.facebook.com/glumobile.
CONTRACT KILLER, COOKING DASH, COVET FASHION, DEER HUNTER,
QUIZUP, RACING RIVALS, TAP SPORTS, GLU, GLU MOBILE, and the 'g'
character logo are trademarks of Glu Mobile Inc.
About WWE
WWE, a publicly traded company (NYSE: WWE), is an integrated
media organization and recognized leader in global entertainment.
The company consists of a portfolio of businesses that create and
deliver original content 52 weeks a year to a global audience. WWE
is committed to family friendly entertainment on its television
programming, pay-per-view, digital media and publishing platforms.
WWE programming reaches more than 650 million homes worldwide in 20
languages. WWE Network, the first-ever 24/7 over-the-top premium
network that includes all live pay-per-views, scheduled programming
and a massive video-on-demand library, is currently available in
more than 180 countries. The company is headquartered in Stamford,
Conn., with offices in New York, Los Angeles, London, Mexico City,
Mumbai, Shanghai, Singapore, Dubai, Munich and Tokyo.
Additional information on WWE (NYSE: WWE) can be found at
wwe.com and corporate.wwe.com. For information on our global
activities, go to http://www.wwe.com/worldwide/
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170620005435/en/
Media Contacts:Glu Mobile Inc.Claudia OropezaPR@glu.com(415) 800-6378orWWEMatthew
Altmanmatthew.altman@wwecorp.com(203) 352-1177
Glu Mobile (NASDAQ:GLUU)
Historical Stock Chart
From Mar 2024 to Apr 2024
Glu Mobile (NASDAQ:GLUU)
Historical Stock Chart
From Apr 2023 to Apr 2024