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Funcom has acquired management of Conan the Barbarian and different common tradition mental properties with its acquisition of Cupboard Group.
The Oslo, Norway-based Funcom will merge the properties into its IP studio Heroic Signatures. Along with Conan, it’s buying IPs equivalent to Mutant 12 months Zero and Solomon Kane. The acquisition worth wasn’t disclosed.
The Cupboard Group was previously referred to as Paradox Leisure. Funcom CEO Rui Casais mentioned in a press release that the corporate has excessive ambitions for the IPs and revealed it has not less than one unannounced venture already in growth.
“We’re at present overseeing the event of an unannounced sport which can mix lots of the characters within the Robert E. Howard universe,” mentioned Casais. “And for those who mix Funcom’s information of video games with Heroic Signatures’ information of the TV/leisure, publishing, and licensing industries, it makes us completely positioned to take this enterprise to the following degree. It’s thrilling instances forward for us and for followers of the IPs.”
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Funcom already had the interactive rights to the IP’s shared 50-50 with Cupboard Group. Now, the corporate has 100% possession of the rights to the whole lot, together with movement image, comics and board video games. Funcom has a number of licensing agreements in place for the manufacturing of those for a few of the IPs, and Funcom plans to develop upon that via their subsidiary Heroic Signatures.
In September, Netflix mentioned it would develop a brand new Conan TV collection as part of a bigger deal involving Cupboard Group CEO Fredrik Malmberg and Mark Wheeler from Pathfinder Media. Netflix has unique rights to the Conan library for the rights for live-action and animated movies and TV exhibits.
Malmberg will proceed as president of Heroic Signatures at Funcom, which counts Tencent as a majority proprietor.
“We took Cupboard Group so far as we might as an impartial studio, however to be able to obtain additional progress, we have been in want of larger monetary investments and infrastructure,” Malmberg mentioned in a press release.
Malmberg lower licensing offers with Penguin Random Home, Panini, Titan Books, Monolith, and Funcom to get Conan the Barbarian to succeed in a brand new era of followers around the globe. Marvel Leisure is publishing a brand new Conan comedian e book each month, and a Netflix collection based mostly on the identical IP can be at present within the works.
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