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11 bit studios S.A. has signed a strategic licensing agreement with Microsoft to include the upcoming title Death Howl and two existing publishing titles in the Game Pass subscription service.
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The financial impact of this licensing deal is expected to materialize primarily during the 2026 fiscal year.
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The agreement covers both internally developed games and third-party titles, reflecting a diversified revenue strategy for the company's publishing division.
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This partnership is designed to stabilize cash flows and maximize the lifecycle value of the company’s portfolio in North American and international markets.
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The deal serves as a risk-mitigation strategy, securing upfront licensing revenue through a major platform-holder partnership.
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Specific financial terms and performance expectations remain confidential in compliance with EU market abuse regulations.