Nitro Games: A Bolder Strategy
Research Note
2020-08-24
09:37
The big news in the Q2-report is Nitro Games decision in not to continue developing “Heroes of Warland”. The CEO Jussi Tähtinen explains the decision on a bolder strategy isolating the winners in the portfolio and “Heroes of Warland” did not meet the high expectations from management. However, the new game entering “soft-launch” called “Lootland” shows promise according to the CEO. Redeye gives some short comments.
TO
JA
Tomas Otterbeck
Jonas Amnesten
Disclosures and disclaimers