(Alliance News) - Mondo TV France SA announced Monday the signing of a licensing agreement with Commodore Industries that provides for the licensee's development of 2 products related to the new Grisù series: an app game for Android and IOS scheduled to be launched in the first half of 2024 and a video game for PC and Consoles such as Switch, PS4 PS5 and Xbox scheduled to be launched in late 2024.

The contract will expire on Dec. 31, 2028, and the license will last for five years.

The agreement is limited to the Italian territory and includes a 50 percent royalty on video game revenues once the production costs of the above products are covered.

On Monday, Mondo TV France closed in the green by 1.7 percent at EUR0.012 per share.

By Claudia Cavaliere, Alliance News reporter

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