Report

Games Workshop Group - Creative guidelines agreed

Games Workshop Group (GAW) has reached a final agreement with Amazon to adapt the Warhammer 40K universe into films and television series, with associated merchandising rights. The aim of the exclusive agreement is to initially place GAW’s Warhammer 40K intellectual property into new markets and to a wider audience, which naturally should generate incremental new revenue, with the hope the content encourages more people to take up the hobby and benefit the core business. By definition, the content production cycle for film and television series is long and ‘may take a number of years’ to benefit GAW’s results so is unlikely to benefit near-term estimates.
Underlying
Games Workshop Group PLC

Games Workshop and its subsidiaries designs and manufactures miniature figures and games and distributes these through its own network of retail stores, independent retailers and direct via the internet and mail order. Co. has manufacturing activities in the U.K. and sells mainly in Europe, North America and Asia Pacific.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Kate Heseltine

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