Former pumps more money into latter and unlocks the Majority Shareholder achievement.
November 18, 2021
[This unedited press release is made available courtesy of Game Developer and its partnership with notable game PR-related resource Games Press]
Author: Star Stable Entertainment
COPENHAGEN - November 18, 2021 – Copenhagen-based Nordisk Games has increased its shareholding in Swedish game studio Star Stable Entertainment, creators of the world’s first - and only - multiplayer role-playing horse adventure game, Star Stable Online. The purchase of additional shares from existing shareholders means that Nordisk Games’ stake in the company has increased to close to 57%. Star Stable Online is the world’s top-ranked horse game, and it recently celebrated its 10th anniversary.
Nordisk Games is owned by the entertainment company Nordisk Film, which is a part of Egmont, a leading Nordic media group. In recent years Nordisk Games has built a high growth portfolio of minority and majority-owned game studios that includes Avalanche Studios Group, Supermassive Games and MercurySteam.
Launched in 2011, Star Stable Online is a unique game that’s turned MMO convention on its head, creating a horse-themed game catering to girls and young women. Each month, more than 1.4 million players from 180 countries spend time in a world populated by other riders and a colourful cast of characters. Its magical fantasy storylines, challenging horseback quests, and social gameplay has earned it a reputation as a destination for girl gamers who want to socialize and make friends online.
“Nordisk Games has been such a positive influence on the studio, and their purchase of additional shares is a big endorsement of everything we’ve done so far and our plans for the future. What is so great about Nordisk Games’ approach is that they are not interested in controlling what we do, but rather, helping us in the long term to achieve something special. That’s why we are all looking forward to continuing the great working relationship we have,” said Johan Sjöberg, CEO at Star Stable Entertainment.
”What we love about Johan and the team at Star Stable Entertainment is how they have stayed true to their vision to create a game that’s so different to anything else on the market. Not only creating a unique game but then expanding the Star Stable universe into animation, books and more,” said Mikkel Weider, Managing Director of Nordisk Games. “We like to say that we want to work with studios that have broad and bold visions; having just celebrated the 10th anniversary of Star Stable Online, I can’t think of a studio that better embodies this approach.”
About Nordisk Games
Based in Copenhagen, Nordisk Games makes equity investments in European game studios. Nordisk Games has built a portfolio of developers that includes Avalanche Studios Group, Star Stable Entertainment, RETO MOTO, Nitro Games, Flashbulb Games, MercurySteam, Supermassive Games and Kogama. Nordisk Games is owned by Nordisk Film, one of the world’s oldest film companies. It produces award-winning film and TV series, operates cinema chains in Denmark, Norway, and Sweden, is behind PlayStation in the Nordics and Baltic countries and brings digital gift card solutions to the market. Nordisk Film is a part of Egmont, a leading Nordic media group.
About Star Stable Entertainment
Founded in 2011, Star Stable Entertainment has grown to become a cross channel entertainment company; the home of the #1 fastest-growing horse adventure game in the world - Star Stable Online, an independent record label, short-form animations, book series, comics and mobile apps. Star Stable Entertainment is proud to provide an expanding gaming and entertainment platform where girls and young women discover adventure, ignite creativity and build friendships.
Twitter: @StarStable / Instagram: StarStableOnline / Facebook: Star Stable
Media contacts
For Nordisk Games
Charlie Eaton - [email protected]
For Nordisk Film / Egmont
Jesper Eising - [email protected]
For Star Stable Online
Holly Miller - [email protected]
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