NeoGAFs Kent Brockman
Digital Bros Group (DIB:MI), listed on the Euronext STAR segment of Borsa Italiana and operating in the videogames market, today announces an agreement between its global publishing division 505 Games and MercurySteam Entertainment S.L. for the co-publishing and development of a new video game set for multiplatform global release.
Codenamed “Project Iron”, the new videogame is a third person action RPG set in a dark fantasy world.
The intellectual property (IP) of the game is co-owned by Digital Bros and MercurySteam Entertainment through the joint-venture MSE & DB S.L. set up under the Spanish Law.
Project Iron’s initial development investment amounts to Euro 27 million.
“We are thrilled to work with the team at MercurySteam, a proven studio that over the years has created numerous phenomenal IPs – including the recent hit release Metroid Dread in partnership with Nintendo” commented Raffi and Rami Galante, co-CEOs of Digital Bros Group. “With MercurySteam’s creative vision and talent and 505 Games extensive experience, gamers can expect a high-quality, captivating and engaging videogame.”