Tag

Licensing Rights

All articles tagged with #licensing rights

business1 year ago

"Minute Media Secures Sports Illustrated Print Edition's Future"

Minute Media has secured a 10-year deal with Authentic Brands Group to take over the licensing rights for Sports Illustrated's print edition, ensuring its continuation after a dispute with former publisher Arena Group. The deal includes an option to extend for up to 30 years and involves Minute Media selling a stake to Authentic Brands. The CEO of Minute Media plans to expand SI's coverage globally and rehire some of the laid-off staffers. This move comes after Arena Group, which had its license revoked in January, threatened to cease the print edition.

gaming1 year ago

"Tencent Developing Elden Ring Mobile Game Amid DLC Wait"

Tencent is reportedly developing a mobile game version of Elden Ring after acquiring the licensing rights from FromSoftware in 2022, with plans for a free-to-play model with in-app purchases. The development progress has been described as slow, and this move follows Tencent's increased stake in FromSoftware. The company's previous attempts at licensed mobile games have been quiet and unsuccessful, with reports of a cancelled Nier mobile game. Meanwhile, fans are still awaiting news on the release of Elden Ring's Shadow of the Erdtree DLC, with recent updates and rumors suggesting a possible imminent announcement.

entertainment1 year ago

"TikTok Users Navigate Music Void After Universal Fallout"

Universal Music Group's failure to renew licensing rights with TikTok has led to the removal of thousands of songs from the platform, impacting viral trends and fan content. The absence of UMG's extensive catalog, including popular artists and songs, has left a void in TikTok's music culture and affected the visibility of smaller artists. While UMG claims it pulled its music due to a bad deal, both parties have a mutual interest in reaching an agreement to prevent piracy and maintain the platform's influence on music discovery and promotion.

gaming2 years ago

John Wick's Almost Appearance in Mortal Kombat 1

NetherRealm Studios attempted to include John Wick as a character in Mortal Kombat 1, but it didn't work out due to licensing rights and fees. Keanu Reeves, the actor who portrays John Wick, stated that he believes the character doesn't belong in Mortal Kombat. NetherRealm's Ed Boon also mentioned the idea of having established actors play the characters in the game, but it remained a "pipe dream." John Wick did make an appearance in Fortnite in 2019, and Lionsgate, the owner of the John Wick series, has plans for its own video game adaptation.

business-news2 years ago

Paramount demands $52M in 'South Park' streaming dispute with Warner Bros. Discovery.

Paramount Global has filed a counterclaim against Warner Bros. Discovery over licensing rights to the South Park library, alleging that the latter is claiming breaches of terms that don't exist in their deal to justify non-payment of licensing fees. Paramount is seeking $52 million in unpaid licensing fees and a declaration that it's entitled to receive the agreed-upon $1.68 million per episode. The legal battle is part of the ongoing streaming wars, with Warner Bros. Discovery accusing Paramount of breaching a 2019 licensing deal to prop up Paramount+.