Reply With Quoteunless ubi soft makes another great tom clancy game id say he's made enough royalty money already.
Literally.
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."
unless ubi soft makes another great tom clancy game id say he's made enough royalty money already.
"It's my duty in my role as a superhero to sully myself in pointless excercises of narcissism"
Yes, Nick Spencer won after all....
Spoiler:
Originally Posted by IronFist
Don't make me cry.
Grisham's next!
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"Nothing has done more to make us dumber or meaner than the anonymity of the Internet." --Aaron Sorkin
John Grisham's Ace Apollo? That would be funny.
I would not call 250 million Euros pwnage.
Unisoft is a French Company, they'll never be absorbed by EA.
It'll probably be Crytek.
Be My Friend?
They have tried multiple times. They have already registered the domain EAUbi, or something like that...
I don't want it to happen as much as the next guy, but it might.
No not pwnage pwns which is leet speak for own(and should be pronounced own) so therefore my sentence is correct. Ubisoft now owns Tom Clancy.
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