What Forever Entertainment S.A does

Forever Entertainment S.A. is a Poland-based video game publisher and developer that distributes titles across all major gaming platforms — Nintendo Switch, PlayStation, Xbox, and Steam — as well as more than 20 additional digital storefronts and physical retail channels. Founded in 2010 and publicly listed on the Warsaw Stock Exchange's NewConnect alternative market since January 21, 2011, the company has accumulated a catalog of more than 169 published titles and positions itself as one of the largest Nintendo Switch publishers globally. Its product mix spans original indie titles (notably Tower Dominion, a roguelike/tower defense hybrid released across consoles in July 2026, and Eyes Of The ElderWood, a horror adventure set in Kashubia released into Steam Early Access in June 2026), sequels (Hollow II, Sparkle 4 Tales), and remakes of established IPs developed in cooperation with notable gaming-industry figures (e.g., Panzer Dargoon: Remake, Rise Eterna).

The company's core operations center on a publisher-of-indie-titles model, with revenue generated primarily through one-time licensing of game sales across digital marketplaces and physical retail. It funds and acquires independent studios through Forever Seed Fund S.A. and operates five wholly-owned publishing subsidiaries — UF Games S.A., Fearful Entertainment S.A., and Storm Trident S.A. in Poland, TA Publishing S.A. in France, and Rainy Frog in Japan — extending its geographic reach into Western Europe and East Asia. The company also developed a proprietary stereophotogrammetry technology for digitizing real-world inanimate scenery into 3D game assets, delivered as a prototype plugin for a popular game engine and co-funded by an EU POIR subsidy of 1,788,525.77 PLN against a total project value of 2,549,368.58 PLN; the technology targets cost and time efficiencies relative to laser scanning for set/scenery recreation.

Customer segments are horizontal, serving both end-consumer gamers across consoles and PC and independent game developers seeking broader multi-platform distribution. Operational funding has historically been supplemented by multiple EU Go To Brand program grants (totaling roughly 1.14M PLN) supporting international promotion of Hollow, Hollow II, Rise Eterna, Sparkle 4 Tales, and Panzer Dargoon: Remake. The company is pursuing inorganic expansion through a planned merger with MegaPixel Studio S.A. announced in 2025, with shareholder meetings scheduled for February 2026 and joint financial reporting for 2022–2024 already published on Forever's investor relations site. Registered share capital stands at 10,880,000 PLN, the workforce is 11–50 employees, and corporate headquarters are at al. Zwycięstwa 96/98, Gdynia, Poland.

Name

Forever Entertainment S.A

Legal name

Forever Entertainment S.A.

Website

https://forever-entertainment.com

Company type

Public

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Forever Entertainment S.A. is a Poland-based video game publisher and developer, publicly listed on the Warsaw Stock Exchange NewConnect market, that distributes original indie titles and IP remakes across Nintendo Switch, PlayStation, Xbox, Steam, and physical retail channels worldwide.

Ownership category

akta.pro rank

Product category

Video Game Publishing

NAICS

Software Publishers (5132), Software Publishers (51321)

akta.pro primary industry

Full-Service Game Publishers (1st/2nd/3rd-Party Publishing) (MPAFABAA)

akta.pro secondary industry

Co-Development, Porting & Remaster Studios (MPAFAAAM)

Keywords

• Video game publishing
• Console game development
• Multi-platform game distribution
• Video game IP remakes
• Indie game publishing

Headquarters

HQ city

Gdynia

HQ country

Poland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Video Game Publishing: Publishing and distributing video games across major platforms (Nintendo Switch, PlayStation, Xbox, Steam) both digitally and physically. Revenue comes from game sales of original titles and remakes of established IPs.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Core offering

Forever Entertainment S.A. develops and publishes video games for Nintendo Switch, PlayStation, Xbox, Steam, and 20+ other platforms in both digital and physical formats. The portfolio spans original titles, sequels, and remakes of established IPs produced internally or with indie developers and gaming-industry figures. Distribution is global, supported by wholly-owned publishing subsidiaries and a venture fund that acquires games for the catalog.

Product overview

Forever Entertainment S.A. is a video game publisher and developer that operates a multi-platform publishing model across Nintendo Switch, PlayStation, Xbox, and Steam. The company publishes original titles, remakes of established IPs in cooperation with major gaming industry figures, and partners with indie developers to bring their games to broader audiences. The portfolio includes Tower Dominion (a roguelike/tower defense hybrid), Eyes Of The ElderWood (horror adventure), Hollow series, Rise Eterna, Sparkle 4 Tales, and Panzer Dargoon: Remake. The company has developed proprietary stereophotogrammetry technology for 3D asset creation and maintains subsidiary Forever Seed Fund S.A. for game acquisition. As of their strategy execution in 2018-2025, they released over 169 titles on more than 20 distribution platforms.

Differentiator

Problem solved

Functional benefit

Products and services

• Tower Dominion A roguelike/tower defense hybrid game where players build and shape terrain to defend a fortress against alien invasion, featuring 30 playable heroes, enemy waves, and upgradeable towers. Published for Nintendo Switch, PlayStation, and Xbox.
• Eyes Of The ElderWood A horror adventure game set in the mysterious side of Kashubia in which players discover forgotten rituals and face horrors hidden among the trees. Released on Steam in Early Access.
• Hollow

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• MegaPixel Studio S.A.coreStrategic or Co-development Partner · 1 January 2025Planned merger of Forever Entertainment S.A. with MegaPixel Studio S.A., announced 2025 with shareholder meetings in February 2026. Both companies' financial reports for 2022-2024 are published on Forever's investor relations site, indicating integrated reporting ahead of merger.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Nacon: French video game publisher (formerly BigBen Interactive) publishing AA and indie titles across consoles and PC, with a strong accessories and distribution business. Comparable multi-platform publishing footprint and European mid-cap structure.
• 505 Games: Italian-headquartered multi-platform publisher (owned by Digital Bros) publishing indie and mid-market titles on Nintendo Switch, PlayStation, Xbox, and Steam. Highly comparable to Forever Entertainment's profile as a Switch-focused, multi-platform publisher working with indie developers and established IP holders.
• Microids: French video game publisher (subsidiary of Anuman Interactive) known for publishing remakes and re-releases of classic franchises (e.g., Asterix, Alone in the Dark, Syberia) alongside new indie titles. Closely comparable to Forever Entertainment's remake-and-indie publishing model.
• PQube: UK-based video game publisher specializing in console releases on Nintendo Switch, PlayStation, and Xbox with strong anime/JRPG publishing partnerships. Comparable as a Switch-tilted mid-market publisher working with international IP holders.
• Team17: UK-based indie game publisher and developer (listed on AIM) with a large multi-platform catalog and strong Switch presence (Worms, Overcooked). Closely comparable mid-cap indie publisher with similar GTM through Nintendo eShop, PlayStation, Xbox, and Steam.
• Plaion (formerly Koch Media): Austrian/German publisher and distributor (Koch Media subsidiary of Embracer Group, rebranded to Plaion) handling multi-platform game publishing and physical distribution in Europe. Comparable as a mid-market publisher with both digital and physical distribution capabilities.

Broad incumbents

• Capcom: Major Japanese game publisher/developer with a successful track record of releasing high-profile remakes (Resident Evil, Final Fight). Comparable as a major platform publisher with a remake-led growth strategy, though at vastly larger scale than Forever Entertainment.
• Square Enix: Major Japanese publisher with an active remake portfolio (Final Fantasy VII Remake, Trials of Mana) and multi-platform Switch/PlayStation/Xbox/PC presence. Comparable on the legacy-IP-remake thesis at incumbent scale.
• Bandai Namco Entertainment: Major Japanese publisher with global multi-platform distribution and an extensive remake/remaster catalog of legacy franchises. Comparable as a large-scale, multi-platform publisher with established IP relationships, far larger than Forever Entertainment but operating in adjacent publishing space.
• THQ Nordic (Embracer Group): Large Swedish-Austrian publisher (part of Embracer Group) with a strategy heavily focused on acquiring and remaking legacy IPs. Comparable on the remake-of-established-IPs playbook but at materially larger scale and with broader genre coverage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/foreverentert
• Facebookfacebook.com/ForeverEntert
• LinkedInlinkedin.com/company/forever-entertainment-s-a

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Forever Entertainment S.A