Digital Bros signs development and publishing agreement for the sequel to Wuchang: Fallen Feathers
PRESS RELEASE
Digital Bros signs development and publishing agreement for the sequel to Wuchang: Fallen Feathers
Digital Bros has entered into a development and publishing agreement with Chengdu
Recursive Dolphin Technology Co. Ltd., founded by the Creative Director of Wuchang: Fallen
Feathers, for the development of its sequel, with an initial investment of approxim ately Euro
21.5 million.
Milan, July 29, 2026 - Digital Bros Group (DIB:MI), a video game company listed on the Euronext
STAR Milan (ISIN: IT0001469995) and included in the FTSE Italia Small Cap index , announces that
it has entered into a development and publishing agreement with Chengdu Recursive Dolphin
Technology Co. Ltd. , a game development studio founded by Xia Siy uan, the former creative director
and project lead er of Wuchang: Fallen Feathers, for the development of the sequel to the soulslike
action RPG, which was successfully released in July 2025 and generated more than Euro 30 million
in revenues in just eight months since its launch .
Following the acquisition of the intellectual property rights relating to Wuchang: Fallen Feathers,
announced on April 27, 2026, the Group holds full ownership of the IP. Under the terms of the
agreement, Chengdu Recursive Dolphin Technology Co. Ltd. will lead the creative development of
the sequel, while Digital Bros, through its publishing label 505 Games, will serve as the exclusive
worldwide publisher. The initial investment for the game amounts to Euro 21.5 million.
The agreement is consistent with the Group's strategy of investing in fully owned intellectual
property with a proven commercial track record and long -term growth potential, enabling the
Group to maximise commercial upside while mitigating execution risk in a videogame industry that
continues to face challenging market conditions.
Posted Jul 29, 2026, 6:58 AM UTC