Nintendo is to make a significant investment into establishing new streams of revenue, including pumping money into theme parks.
The Japanese multinational consumer electronics and video game company made the announcement when it released its second quarter financial results and corporate management policy briefing.
The firm plans to spend up to $2.7bn on Nintendo-themed infrastructure, such as theme parks and new stores. This will be alongside up to $900m investment on future game development, and $450m on non-gaming entertainment such as video content and upcoming movies.
A Super Mario film starring Chris Pratt and Anya Taylor-Joy is due to be released in December 2022.
In the briefing, the firm said: “We will work to build software assets in fields other than games [and] will also work to develop new video content, following on from the Super Mario movie.”
A Donkey Kong-themed attraction is coming to Super Nintendo World at Universal Studios Japan in 2024 and a Nintendo area is currently in development at Universal Studios Hollywood.
