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  4. WRIT Media Group, Inc. (WRIT) Message Board

WRIT Media Group, Inc. (WRIT) Launches Kickstarter

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Post# of 706
Posted On: 09/10/2015 8:24:03 PM
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Posted By: QualityStocks
WRIT Media Group, Inc. (WRIT) Launches Kickstarter Campaign for Upcoming Retro Infinity Player

WRIT Media Group, through wholly-owned subsidiary Retro Infinity, Inc., is giving nostalgic gamers a chance to secure early access to its expansive catalog of classic video games. Through the launch of a new campaign on crowdfunding site Kickstarter, the company is closing in on the official debut of its proprietary gaming technology. Following launch, the Retro Infinity Player will enable users to enjoy a full library of classic games originally developed for platforms such as Amiga and Atari on a variety of modern media devices – including smartphones, tablets and set-top streaming devices. According to Statista, the U.S. market for mobile games is expected to surpass $3 billion this year, up nearly 50 percent from 2013. This market performance makes it an ideal time for WRIT to reintroduce its library of titles.

“Retro Infinity’s expertise and niche focus is a key factor in allowing us to bring our Amiga classic titles and other classic brands to these various platforms and to the retro gamer,” Eric Mitchell, president of WRIT, stated in a news release. “We are excited to introduce our best classic titles to both an old and new generation of players.”

The costs associated with the development of original mobile games can exceed $1 million, which, when combined with the two-to-three year development timeline, means that a single unsuccessful title can be enough to sink a game developer. By leveraging a library of proven titles that were wildly popular following initial release in the ‘80s and ‘90s, WRIT is able to avoid these risks while continuing to capitalize on the popularity of mobile gaming. The company’s licensed titles are time-tested, simple and play well on both small and large screens. Since many of its games were originally developed for the same platforms, WRIT will be able to minimize development costs while releasing a larger collection of titles that have established market appeal.

For more information about the company, visit www.writmediagroup.com

Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com


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