Last checked at 9 May 2024 07:00
9 May 2024
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
Frontier Developments plc
Jurassic World game announcement
Frontier Developments plc (AIM: FDEV, 'Frontier', the 'Group' or the 'Company'), a leading developer and publisher of videogames based in Cambridge, UK, is pleased to announce the signing of a licence with Universal Products & Experiences for a third Jurassic World game.
Following the major success of Jurassic World Evolution and Jurassic World Evolution 2, which released in June 2018 and November 2021 respectively, Frontier and Universal Products & Experiences have signed a licence for a third Jurassic World game which is scheduled for release in Frontier's financial year 2026 ('FY26'), between 1 June 2025 and 31 May 2026. In February 2024, Universal Pictures and Amblin Entertainment announced an all-new Jurassic World event film currently scheduled for release on 2 July 2025.
Jurassic World Evolution and Jurassic World Evolution 2 rank first and second respectively within Frontier's game portfolio in terms revenue generated in their first two years, with Jurassic World Evolution being Frontier's best-selling game to date since its release almost six years ago.
Over the last twelve months Frontier has refined its strategy to focus on its leading position in the creative management simulation ('CMS') genre, with four successful titles already in its portfolio; Planet Coaster, Planet Zoo, and the first two Jurassic World Evolution games. Over the next three consecutive financial years, Frontier plans to release one new CMS game per year; the development of the unannounced own-IP CMS game for FY25 is on track and Frontier expects to announce the title in the coming months; the third Jurassic World game confirmed today is scheduled for FY26; and a third unannounced CMS game is planned for FY27.
Jonny Watts, Chief Executive Officer, said:
"We are delighted to reveal that we are developing a third Jurassic World game to extend our collaborative relationship with Universal Products & Experiences for our best-selling game franchise. Our Jurassic World Evolution game franchise has showcased great creative and technical expertise in CMS games and the strength of our select, develop, launch, and nurture strategy in the genre. I very much look forward to providing more information on our exciting plans for the franchise in the future."
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as amended by The Market Abuse (Amendment) (EU Exit) Regulations 2019. The person responsible for making this announcement on behalf of the Company is Alex Bevis.
Enquiries:
Frontier Developments +44 (0)1223 394 300
Jonny Watts, CEO
Alex Bevis, CFO
Peel Hunt - Nomad and Corporate Broker +44 (0)20 3100 2000
Neil Patel / Paul Gillam / Kate Bannatyne
Liberum - Joint Corporate Broker +44 (0)20 3100 2000
Max Jones / Nikhil Varghese
Teneo +44 (0)20 7353 4200
Matt Low / Arthur Rogers
About Frontier Developments plc
Frontier is a leading independent developer and publisher of videogames founded in 1994 by David Braben, co-author of the iconic Elite game. Frontier uses its proprietary COBRA game development technology to create innovative genre-leading games, primarily for personal computers and videogame consoles.
Frontier's LEI number: 213800B9LGPWUAZ9GX18.
www.frontier.co.uk
About UNIVERSAL PRODUCTS & EXPERIENCES
Universal Products & Experiences (UP&E) globally drives the expansion and elevation of NBCUniversal's iconic collection of brands, intellectual properties, characters, and stories based on the company's extensive portfolio of properties created by Universal Pictures, Illumination, DreamWorks Animation and NBCUniversal Television and Streaming. The division executes this through innovative physical and digital products, as well as engaging retail and product experiences across our expansive global theme park destinations (for both owned and third-party IP), location-based venues, e-commerce product platforms, and retailers around the world. Along with global brand strategy and creative, UP&E's lines of business include Consumer Products and Games, along with Theme Parks Products & Retail. UP&E is a division of Universal Destinations & Experiences, part of NBCUniversal, a subsidiary of Comcast Corporation. More information is available at universalproductsexperiences.com.
About the JURASSIC WORLD Franchise
From Universal Pictures and Amblin Entertainment, Jurassic World immerses audiences of all ages in a new era of wonder and thrills where dinosaurs and humankind must learn to coexist. Jurassic World is more than a film franchise. At every turn, this $6 billion film series delivers a larger-than-life destination for exploration, discovery, and epic adventure. Dinosaurs live again and they live in Jurassic World.