All articles tagged with #ip rights
Atari has acquired the IP rights to five Ubisoft-published games, including Child of Eden, with plans to release and expand them on new platforms, potentially including Nintendo Switch and Switch 2, aiming to revive and evolve these titles.
Dwayne Johnson, also known as The Rock, now owns the intellectual property rights and trademarks to his WWE stage name and a plethora of associated nicknames, catchphrases, and insults, including "Jabroni" and "Candy Ass." This comes as part of a deal with WWE owner TKO Group Holdings, which also granted Johnson a stock award valued at $30 million and the ability to collect royalties from merchandise sales bearing The Rock trademarks.
Remedy Entertainment has acquired all rights to the Control intellectual property from 505 Games, including Control, Condor, and Control 2. The transaction allows Remedy to explore self-publishing or finding a new partner for future Control projects. The maximum purchase price for the transaction is approximately €17 million, and Remedy will pay the net purchase price in three cash instalments over the next twelve months. Remedy CEO Tero Virtala expressed gratitude to 505 Games for their partnership and stated that having complete ownership over the Control franchise gives them the freedom to decide the best path forward.
Remedy has acquired the rights to its hit action game Control, its upcoming sequel, and the multiplayer spin-off Condor from 505 Games for €17 million. 505 Games will continue as the publisher of the original Control until December 31, 2024. Remedy is considering whether to self-publish or find a new publishing partner for the Control titles, and Digital Bros, the owner of 505 Games, is shifting its strategy to focus on fewer titles and owned IP. Remedy CEO Tero Virtala expressed excitement about having complete ownership over the Control franchise and the freedom to decide its future path.
The Pokémon Company has announced a Pokémon Presents event for February 27, teasing "exciting news" in celebration of Pokémon Day 2024, sparking speculation about the next major Pokémon project. Meanwhile, the success of the game Palworld has raised concerns about similarities to Pokémon, prompting investigations into potential infringement of intellectual property rights by The Pokémon Company and Nintendo.