TOKYO, July 10,
2024 /PRNewswire/ -- Sony Music Entertainment
(Japan) Inc. (Headquarters:
Chiyoda-ku, Tokyo, President and
CEO: Shunsuke Muramatsu, hereinafter
referred to as SMEJ) and its group subsidiary Aniplex Inc.
(Headquarters: Chiyoda-ku, Tokyo,
President: Atsuhiro Iwakami,
hereinafter referred to as Aniplex) and Pocketpair, Inc.
(Headquarters: Shinagawa-ku, Tokyo, President: Takuro Mizobe, hereinafter referred to as
Pocketpair) have established a joint venture (hereinafter referred
to as JV), Palworld Entertainment Inc., to expand and develop new
businesses associated with the hit game, "Palworld." The
announcement was made today in a joint release by all three
companies.
"Palworld," a multiplayer open world survival game created,
produced and published by Japanese developer, Pocketpair, became
the breakout hit of 2024 when the total number of players surpassed
25 million after only one month in release.
The Palworld game, currently available on PC, Xbox Series X/S,
Xbox One, and through Xbox Game Pass, seamlessly integrates
elements of battle, monster-capturing, training, and base building.
Players are able to wield a range of weapons, from classic bows and
spears to modern assault rifles and rocket launchers. The gameplay
involves locating and capturing Pals, who in addition to assisting
players in the construction and expansion of their base operations,
can become powerful allies in combat.
The JV will be responsible for developing the reach of the
intellectual property and for expanding commercial business
endeavors, including the global licensing and merchandising
activities associated with "Palworld," outside of the interactive
game.
JV efforts will begin with the development of exclusive
merchandise based on the game - which will debut and sell at the
Pocketpair booth during "Bilibili World 2024" (beginning
Friday, July 12, 2024 in Shanghai, China) and be made available for
pre-order at Aniplex and its subsidiaries, Aniplex of America and
Aniplex Shanghai, e-commerce sites with more detailed information
at a later date.
[Game "Palworld" Overview]
A completely new multiplayer open world survival craft game
where you collect mysterious creatures called Pals in a vast world,
and have them fight, build, farm, and work in factories. The early
access version was released in January
2024, and the total number of players exceeded 25 million
within one month of release.
Official website: https://www.pocketpair.jp/palworld
[SMEJ Overview]
Trade name: Sony Music Entertainment (Japan) Inc.
Location: Chiyoda-ku, Tokyo
Representative: Shunsuke Muramatsu, Representative Director and
CEO
Main business activities: As a holding company for the Sony
Music Group, we manage all group companies, and also develop
business from multiple angles as a conglomerate entertainment
company.
[Aniplex Overview]
Trade name: Aniplex Inc.
Location: Chiyoda-ku, Tokyo
Representative: Atsuhiro Iwakami, President
Main business activities: Planning and production of video and
music works, mainly animation, planning and development of games,
related licenses, product planning and sales, and
entertainment.
[Pocketpair Overview]
Trade name: Pocketpair, Inc.
Location: Shinagawa-ku, Tokyo
Representative: Takuro Mizobe, President and Representative
Director
Main business: Planning, development, and operation of games
Licensing inquiry for US, Canada, UK, Ireland, Australia, New
Zealand and LATAM territories:
PW.License_US@sony.com
Licensing inquiry for other territories:
PW.License_INTL@sonymusic.co.jp
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SOURCE Sony Music Entertainment (Japan) Inc.