Business
IP Licence with Games Workshop and Trading Update
IP Licence with Games Workshop and Trading Update.
About this update from Frontier Developments Plc
[{"type":"text","content":"\n \n \n RNS Number : 5776L\n Frontier Developments PLC\n 01 May 2020\n \n \n \n Frontier Developments plc\n Frontier signs an IP Licence with Games Workshop Group PLC and provides an update on trading\n \n \n · \n IP rights licenced from Games Workshop to develop and publish a real-time strategy game worldwide on PC, console and streaming platforms for release in FY23\n \n \n · \n Game based within the globally popular world of Warhammer® Age of Sigmar®\n \n \n · \n Two major releases from internal development teams are now confirmed for each of FY22 and FY23\n \n \n · \n Lockdown-related demand for games is having a positive impact on sales globally\n \n \n · \n Home working for all staff has been in place for over a month\n \n \n \n \n \n \n Warhammer\n \n \n Licence\n \n \n \n Frontier Developments plc \n (AIM: FDEV, \"Frontier\", the \"Company\")\n , a leading developer and publisher of videogames based in Cambridge, announces an exclusive IP licence (the \"Licence\") with Games Workshop to develop and publish a real-time strategy game within the rich and extensive world of Warhammer Age of Sigmar.\n \n Warhammer Age of Sigmar is Games Workshop's most recent iteration of the globally renowned fantasy setting in which the four Grand Alliances of Order, Chaos, Death and Destruction vie for control of the Mortal Realms. Unique and distinct in style, and endless in scope, this ever growing universe sits alongside the far future dystopia of Warhammer 40,000 as the most successful tabletop miniatures games in the world.\n Under the terms of the Licence, Frontier has the exclusive rights to develop and publish a real-time strategy game worldwide on PC and console platforms, together with the rights for streaming services. The game is planned for release in Frontier's financial year ending 31 May 2023 (\"FY23\").\n Release Roadmap\n Frontier's development roadmap is now stronger than ever, with two major releases from internal development teams now confirmed for each of FY22 and FY23. FY22 will benefit from the multi-platform release of a game based on an as-yet unrevealed major global IP and the release of Frontier's first Formula 1 multi-platform management game alongside the 2022 F1 season. FY23 will see the release of the 2023 Formula 1 management game and the Warhammer Age of Sigmar mu...