Skybound Entertainment has announced making a significant investment in developer Mega Cat Studios. The company identifies itself as a creative first video game studio with a retro ethos and a culture of innovation. The investment’s exact amount has not been revealed.
Mega Cat Studios is currently developing WrestleQuest, a new RPG adventure featuring a licensed roster of iconic wrestling legends, for Skybound. Skybound stated that this strategic investment will further efforts to expand its global publishing footprint and partner with top game-making talent and creative teams.
David Alpert, CEO of Skybound Entertainment, commented:
“Mega Cat Studios is an incredibly ambitious and talented team of game developers that are dedicated to their craft, reimagining retro-style entertainment in exciting and innovative ways. James Deighan and the Mega Cat team embody a culture of fandom, and this closely aligns with our efforts to put fans and creators first.
“Retro games deliver a massive nostalgic element, and after seeing the progress and creativity on WrestleQuest, we are extremely excited about working closely on the future growth of the studio.”
Mega Cat’s Founder, James Deighan, added:
“We are excited to partner with Skybound Entertainment, a true leader that goes beyond games and spans the overall entertainment industry. Skybound understood our vision early on, and we have had a very successful relationship in developing WrestleQuest. We can’t wait to build upon that relationship to explore our creative development process with greater access to other Skybound IP and publisher resources.”
Skybound Entertainment recently announced its first-ever Regulation A+ campaign, raising more than $11.8 million on the Republic platform. WrestleQuest’s initial launch date has been determined as May 2023. The title will be available on Nintendo Switch, PlayStation 5, PlayStation 4, Xbox One, Microsoft Windows, Xbox Series X and Series S.
