United States, California, Los Angeles, April 12, 2021 (World NEWSWIRE) — Riva Engineering and Leisure (RTE) announced these days that they have signed a number of manufacturer licensing discounts with toy marketplace leader, MGA Amusement (MGAE), to establish and publish mobile game titles centered on the world wide toy company’s strike homes L.O.L. Surprise!™ and Rainbow High™.
RTE are veterans in the gaming and IP license enterprise, obtaining built gaming providers for above 20 a long time, together with securing and acquiring prime licensing bargains and IPs ranging from Hollywood, Bollywood, Sports and all the way to the world’s top gaming brands.
MGA Entertainment’s L.O.L. Surprise!™ brand is a world phenomenon, successful the prestigious “Toy of the Calendar year” Award for 3 consecutive years. MGA’s newly released Rainbow High debuted in July 2020 and has presently turn into a cultural phenomenon with a presence throughout solution, articles and built-in digital media.
The worldwide gaming market was valued at USD $162.32 billion in 2020 and is anticipated to achieve a benefit of USD $295.63 billion by 2026. Mobile gaming generated $13.2 billion U.S. pounds in earnings in 2019 and proceeds to grow.
“MGA Leisure boasts a diversified portfolio of leading brands, and they create excellent award-winning toys. Our eyesight of bridging the earth of mobile gaming with purchaser goods and the toy lifestyle is strongly aligned. I admire them for their reliable advancement more than the a long time and the amazing attempts they have attained, developing a universe that every of their collections signifies. RTE constantly try to affiliate with the largest and the finest and MGAE is undoubtedly that. Information of the impending video games will be announced soon,” claimed RTE CEO & Founder, Paul Roy.
Isaac Larian, CEO and Founder of MGA Amusement adds: “We are delighted to companion with RTE who has a demonstrated track record for functioning with the most important IPs and providing leading high-quality outcomes. Our digitally indigenous supporters want to encounter our award-winning brand names throughout all platforms and cellular gaming is a strategic concentration for us in 2021 and further than. It is MGA’s intention to develop the two electronic gaming and NFTs in a substantial way.”
About MGA Entertainment
MGA Amusement, Inc., a client enjoyment products enterprise headquartered in Chatsworth, California generates innovative proprietary and accredited items like toys and online games, dolls, purchaser electronics, property décor, stationery and sporting items. The MGA family members includes award successful manufacturers such as L.O.L. Shock!™, Little Tikes®, Bratz®, LaLaLoopsy™, Secret Crush™, Tobi™ Robot Smartwatch, Rainbow High™, Poopsie Slime Shock!™, Sing-a-Extensive Lilly and Ami, Rescue Tales™, VIRO Rides™, Na! Na! Na! Surprise™ and Zapf Creation®. Check out us at www.mgae.com.
About Riva Engineering and Entertainment:
Launched in 2002, with a worldwide presence stretching from the USA to East Asia, RTE has correctly been providing the vision of tomorrow for close to 20 a long time. RTE’s team of providers hold an marketplace gain in their capability to just take every single job from idea to execution all housed under one roof. The complementary firms cover location-primarily based leisure, model and Intellectual Assets licensing, articles growth, buyer products and solutions, gaming, and esports.
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