PLAYSTUDIOS secures exclusive mobile rights to Tetris for up to $47M total consideration

PLAYSTUDIOS, Inc.

Paid $13M at closing; up to $34M additional upon conditions plus ongoing royalties to Tetris Company.
Exclusive global multi-title mobile rights (excl. China) through August 2024 initial term.
Existing Tetris mobile app has ~30M downloads; will integrate playAWARDS loyalty platform.
Expands into casual puzzle genre; current portfolio includes social casino & arcade games.

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