Rightbridge Ventures Group AB (publ) ("Rightbridge"or "Rightbridge Ventures") and CF Entertainment AB ("CF Entertainment") have signed an exclusive collaboration agreement for the development of mobile, web, and console games involving their globally recognized IP, Crazy Frog. The agreement initially spans two years and will automatically be extended for one year at a time, provided that revenues of SEK 2 million are generated for CF Entertainment during the contract period. Initially, but no later than February 28, 2024, Rightbridge Ventures is to pay a deductible advance of SEK 1 million to CF Entertainment.

The agreement means that Rightbridge has the right to both develop games on its own and to sign licensing agreements with external parties and act as a publisher. Crazy Frog, with over 8 billion views and 14 million subscribers on YouTube, is a unique phenomenon that consistently ranks in the top 10 list of most viewed music videos ever on YouTube. CF Entertainment, in collaboration with Sony Music and Mach 1 records, recently released a new single and music video, and several new projects are planned.

Hearst Entertainment is the agent for CF Entertainment in the American market, where discussions are ongoing about both film releases and series for streaming services. Claes Kalborg, who led the global licensing for Rovio and Angry Birds during its heyday from 2010-2014, assesses the potential to be on par with Angry Birds with the right partnerships.