The Playside Studios [ASX:PLY] has entered a work-for-hire agreement with 2K Games. 2K Games is a label of giant Nasdaq-listed publisher Take-Two Interactive Software (NASDAQ:TTWO), with a US$21.4 billion market cap.
The Playside Studios (ASX:PLY) shares price is up 17% on the back of strong revenue growth in the September quarter. Playside, the Melbourne-based video game developer, shared its quarterly activities and cash flow report with the market today.