Ava’s Manor Title Screen. Source: Mighty Kingdom
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Mighty Kingdom (MKL) terminates its co-development partnership for mobile gaming title ‘Ava’s Manor’
  • The company says it has embarked on significant partnerships that have a better potential for significant economic returns than Ava’s Manor
  • With the co-development contract expiring on June 21, its partner Uken will take over all responsibilities for the mobile game
  • It is anticipated that the Mighty Kingdom Narrative Engine will be used for future projects as the company looks to further grow its storytelling capabilities for both mobile and console games
  • Shares in Mighty Kingdom are down 5.77 per cent, trading at 4.9 cents as of 3:31 pm AEST

Mighty Kingdom (MKL) has terminated its co-development partnership for mobile gaming title ‘Ava’s Manor’.

The company said it has embarked on significant partnerships that have a better potential for significant economic returns than Ava’s Manor.

With the co-development contract expiring on June 21, its partner Uken will take over all responsibilities for the mobile game.

Managing Director and CEO Philip Mayers said working on Ava’s Manor, however, helped the company grow and said it has learnt a lot throughout the partnership.

“It’s been a difficult decision to make, but ultimately the best one,” he said.

“Our relationship with Uken is still as strong and we wish them all the best as they take on
Ava’s full development.”

Working on Ava’s Manor allowed the Mighty Kingdom team to fully utilise its proprietary Narrative Engine, a tool designed to help developers quickly and effectively build animated cutscenes involving characters, props and dialogue sequences.

At its peak, the engine held over 1000 cutscenes for Ava’s Manor.

It is anticipated that the Mighty Kingdom Narrative Engine will be used for future projects as the company looks to further grow its storytelling capabilities for both mobile and console games across licenced and original IP.

Shares in Mighty Kingdom were down 5.77 per cent, trading at 4.9 cents as of 3:31 pm AEST.

MKL by the numbers
More From The Market Herald
Cavalier Resources (ASX:CVR) - Executive Technical Director, Daniel Tuffin

" Cavalier Resources (ASX:CVR) begins PFS at Crawford

Cavalier Resources (ASX:CVR) has begun a pre-feasibility study (PFS) at the Crawford Gold Project within the…
Ten Sixty Four (ASX:X64) - Outgoing Managing Director, Paul Ryan Welker

" Ten Sixty Four (ASX:X64) terminates services agreement of former MD, Paul Ryan Welker

Ten Sixty Four (ASX:X64) has terminated the executive services agreement of former Managing Director Paul Ryan…

" M3 Mining (ASX:M3M) identifies drill targets at Edjudina

M3 Mining (ASX:M3M) has identified prospective gold-in-soil anomalies at the Edjudina gold project 150 kilometres northeast…

" Good Drinks Australia (ASX:GDA) commences the sale of Molson Coors and Magners

Good Drinks Australia (ASX:GDA) begins to sell the Miller Chill, Miller Genuine Draught, Coors, Molson Canadian…