Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
Customize
User Settings
Styles:
LAN Parties
Upcoming one-time events:

Regularly scheduled events

Ubisoft Buys "Tom Clancy"

Ubisoft announces they have purchased the name Tom Clancy from Tom Clancy for the royalty-free creation of future games (so presumably the author won't have to get new checks printed for his personal life). Interestingly, besides video games, this also covers "ancillary products including related books, movies and merchandising products," so we will possibly see movies as a result of this deal, not to mention more Tom Clancy books not authored by Tom Clancy. The announcement is intentionally obtuse about financial arrangements, but on the surface it looks like this entails an up-front payment of around 20 million Euros, with additional payments to follow over the next two years:

SAN FRANCISCO March 20, 2008 Today, Ubisoft, one of the world's largest video game publishers, announces that it has concluded an agreement with Mr. Tom Clancy to acquire all intellectual property rights to the Tom Clancy name, on a perpetual basis and free of all related future royalty payments, for use in video games and ancillary products including related books, movies and merchandising products.

The price of this all cash acquisition is not currently disclosed. Post acquisition, Ubisoft expects to have a net cash position of around 130 million Euros by the end of fiscal 2007-08, compared to a previous expectation of approximately 150 million Euros. Additional payments will be made as well in fiscal 2008-09 and fiscal 2009-10.

On the basis of past performance of Tom Clancy branded video games, and excluding any potential contribution coming from sales of ancillary products, the royalty savings generated by this acquisition are estimated to have an average positive impact on Ubisoft's operating income of a minimum of 5 million Euros per year.

"After ten years of a highly successful collaboration which has seen the creation of blockbusters that set standards in the videogame industry, such as Tom Clancy's Splinter Cell, Tom Clancy's Ghost Recon, and Tom Clancy's Rainbow Six, today, acquiring the perpetual property rights of the Tom Clancy name for video games and related projects is a major event, stated Yves Guillemot, Chief Executive Officer at Ubisoft. "The future of our industry lies in our capacity to create and develop brands that captivate consumers and that present a myriad of opportunities for the full spectrum of entertainment, be it video games, books, movies or other media. The Tom Clancy brand is recognized around the world for offering exciting video games, films and books. The most recent example of such value creation through brand management is the EndWar book, based on the video game story, which has been in the NY Times top 10 Paperback Mass Market Fiction bestseller list for the last four weeks. Capitalizing on the strong franchises that we've built over the past 10 years, we will take the Tom Clancy game brand to the next level of the global entertainment industry."

View
19. Re: No subject Mar 20, 2008, 15:19 Bill Borre
 
I want to sell my name and retire.

 
Previous Post Next Post Reply Quote Edit Delete Report
 
    Date Subject Author
  1. Mar 20, 12:22 No subject manic half
  4. Mar 20, 12:47  The name game Pumas
  5. Mar 20, 12:54   Re: The name game DDI
  6. Mar 20, 13:02    Re: The name game Bundy
  7. Mar 20, 13:15     Re: The name game Jerykk
  13. Mar 20, 14:02  Re: No subject Dmitri_M
  14. Mar 20, 14:13   Re: No subject PHJF
  15. Mar 20, 14:27    Re: No subject Yosemite Sam
  25. Mar 20, 17:40     Re: No subject Creston
  27. Mar 20, 18:23      Re: No subject PropheT
  29. Mar 20, 18:35       Re: No subject Creston
  35. Mar 20, 21:18      Re: No subject Yosemite Sam
  51. Mar 22, 09:17       Re: No subject Tango
  53. Mar 25, 05:52        Re: No subject Masa
  2. Mar 20, 12:28 No subject xXBatmanXx
  3. Mar 20, 12:41 Cool MMORPGHoD
  8. Mar 20, 13:23 No subject solecist
  9. Mar 20, 13:38 Sell Out! Techie714
  10. Mar 20, 13:43  Re: Sell Out! maldoror
  11. Mar 20, 13:44 No subject Veinman
  12. Mar 20, 14:01  Re: No subject Bundy
  16. Mar 20, 14:38  Re: No subject xXBatmanXx
  18. Mar 20, 15:17   Re: No subject Acragas
  17. Mar 20, 15:05 No subject Dev
>> 19. Mar 20, 15:19  Re: No subject Bill Borre
  20. Mar 20, 15:22  Re: No subject Yosemite Sam
  21. Mar 20, 15:43   Re: No subject Dev
  22. Mar 20, 15:58 ... theyarecomingforyou
  23. Mar 20, 17:08 No subject CrimsonPaw
  24. Mar 20, 17:33 Every man has his price Creston
  26. Mar 20, 18:05 No subject SamuraiSaint
  28. Mar 20, 18:34  Re: No subject Creston
  30. Mar 20, 18:48  Re: No subject Lorcin
  31. Mar 20, 19:00   Re: No subject Beamer
  33. Mar 20, 20:18  Re: No subject xXBatmanXx
  46. Mar 21, 09:38  Re: No subject CrimsonPaw
  47. Mar 21, 10:05  Re: No subject nin
  32. Mar 20, 19:12 No subject space captain
  34. Mar 20, 20:29 No subject xXBatmanXx
  37. Mar 20, 21:53  Re: No subject Tanto Edge
  40. Mar 20, 22:24   Re: No subject xXBatmanXx
  41. Mar 21, 00:42    Re: No subject Kedyn
  36. Mar 20, 21:42 No subject Dev
  38. Mar 20, 21:54  Re: No subject Yosemite Sam
  39. Mar 20, 22:10 No subject animal
  42. Mar 21, 00:53 No subject Dev
  43. Mar 21, 02:15 Fraud mOOzilla
  44. Mar 21, 02:49 No subject Dev
  45. Mar 21, 08:23  Re: No subject Prez
  48. Mar 21, 13:40 Authentic Kxmode
  49. Mar 21, 19:00 No subject space captain
  50. Mar 21, 19:32  Re: No subject Prez
  52. Mar 22, 15:50 No subject Dev


footer

.. .. ..

Blue's News logo