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Ubisoft buys up Tom Clancy rights & announces MMO - briefly|
| (hx) 12:55 AM CET - Mar,21 2008 | | French publisher
Ubisoft has announced that it has acquired all intellectual property rights
to the name 'Tom Clancy' from the thriller author. These newly acquired rights,
which help to guarantee an important multi-franchise product for the publisher,
extend on a perpetual basis, free of any future royalty payments, and include
use in video games and related products including books, movies and
merchandising. The price of the all cash acquisition has not been disclosed
explicitly, but Ubisoft implied in its announcement that the initial payment in
this fiscal year was of 20 million euros ($30 million). Additional payments are
to also be made in the fiscal years of 2008-09 and 2009-10. Hot on the heels of
this announcement comes word that they are using that name
to build themselves a Tom Clancy MMO. |
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