Business
Announces Movie IP License for Third Franchise
Announces Movie IP License for Third Franchise.
About this update from Frontier Developments Plc
[{"type":"text","content":"\n \nRNS Number : 9923V Frontier Developments PLC 06 February 2017 \n\n6 February 2017\nFrontier Developments plc\n \nAnnounces movie IP license for third franchise\nFrontier Developments plc (AIM: FDEV; \"Frontier\" or the \"Group\"), a leading independent creator of video games, is pleased to announce that it has licenced rights from a major Hollywood studio to develop its third game franchise based on an enduring movie franchise of global renown.\nFrontier has recently completed its transition to multi-franchise self-publishing, having successfully launched Elite Dangerous and Planet Coaster. In addition to strengthening and growing these existing franchises, an important part of the growth strategy for the Group is creating additional successful franchises that continue to leverage its expertise.\nThe Company has previously stated it expects its third franchise to start generating revenue during 2018. Further details of the new franchise will be revealed later during 2017.\nDavid Braben, Chief Executive of Frontier Developments, said:\n\"The third franchise is an important next step in our growth. We have chosen to license this particular IP to work with as our third franchise because we believe we can create something very special - it is creatively stimulating, already has a high worldwide profile and is a perfect match for our expertise. We look forward to revealing more details later this year.\"\nEnquiries:\n\n\n\n\nFrontier Developments\n\n\n+44 (0)1223 394 300\n\n\n \n\n\n\n\nDavid Braben, CEO\nDavid Walsh, COO\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\nNumis - Nomad and Joint Broker\n\n\n+44 (0)20 7260 1000\n\n\n \n\n\n\n\nSimon Willis / Jamie Lillywhite (Nomad) / Toby Adcock\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\nFinncap\n\n\n+44 (0) 207 220 0500\n\n\n \n\n\n\n\nMatt Goode / Giles Rolls\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\nTulchan Communications\n\n\n+44 (0) 207 353 4200\n\n\n \n\n\n\n\nJames Macey White / Matt Low\n\n\n\n\n\n\n\n \nAbout Frontier Developments plc \nFrontier Developments plc, listed on the AIM stock market (AIM: FDEV), is a leading independent creator of self-published videogame franchises founded in 1994 by David Braben, co-author of the seminal 'Elite' game. Based in Cambridge, Frontier uses its proprietary...