SAN FRANCISCO--(BUSINESS WIRE)--
Glu Mobile Inc. (NASDAQ: GLUU), a leading developer and publisher of mobile games, today announced it is collaborating with Disney Consumer Products and Interactive Media on the development of an upcoming mobile game. The game is expected to include characters and stories from across Disney and Pixar franchises.
“Disney is an iconic and globally-recognized brand that transcends many demographics,” said Nick Earl, Glu’s President and Chief Executive Officer. “I am thrilled to announce that Glu will be working with Disney and look forward to pairing nostalgic and fresh Disney and Pixar content with Glu’s creative approach to game development.”
Currently in early stages of development, the new title is the first to be led by Glu Senior Vice President and Creative Leader Mike Olsen. Having spent over twenty years at Electronic Arts, most recently leading Star Wars: Galaxy of Heroes, Mike joined Glu in early 2017 with the goal of building top grossing mobile games for the company.
“Successful products begin with talented, creative and capable teams,” said Olsen. “I’ve spent my first year at Glu building a very strong development team to create products we believe in from the ground up. The team and I are thrilled to be working alongside Disney to deliver a truly original mobile game we know players will love.”
The upcoming free-to-play mobile title will be available worldwide on the App Store and Google Play.
Cautions Regarding Forward-Looking Statements
This press release contains certain “forward-looking statements” related to the business of Glu Mobile Inc., including statements that the game on which Glu is collaborating with Disney Consumer Products and Interactive Media is expected to include stories and characters from across Disney and Pixar franchises and that Glu will be working alongside Disney to deliver a truly original mobile game we know players will love. 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 collaboration with Disney; 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 creator of mobile games. Founded in 2001, Glu is headquartered in San Francisco with Bay Area studios in Burlingame and San Mateo, and international locations in Toronto and Hyderabad. With a history spanning over a decade, Glu’s culture is rooted in taking smart risks and fostering creativity to deliver world-class interactive experiences for our players. Glu’s diverse portfolio features top-grossing and award-winning original and licensed IP titles including, Cooking DASH, Covet Fashion, Deer Hunter, Design Home, MLB Tap Sports Baseball and Kim Kardashian: Hollywood available worldwide on various platforms including the App Store and Google Play. For more information, visit www.glu.com or follow Glu on Twitter, Facebook and Instagram.
Cooking DASH, Covet Fashion, Deer Hunter, Design Home, Tap Sports, Glu and Glu Mobile are trademarks of Glu Mobile Inc.
About Disney Consumer Products and Interactive Media
Disney Consumer Products and Interactive Media (DCPI) is the business segment of The Walt Disney Company (NYSE:DIS) that brings our Company’s stories and characters to life through innovative and engaging physical products and digital experiences across more than 100 categories, from toys and t-shirts, to apps, books and console games. DCPI comprises four main lines of business: Global Licensing, Disney Retail, Publishing and Digital Media, and Games & Interactive Experiences. The segment is home to world-class teams of app and game developers, licensing and retail experts, a leading retail business (Disney Store), artists and storytellers, and technologists who inspire imaginations and bring the magic of Disney into the daily lives of families and fans around the world.
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