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SPYR, Inc.'s New Agreement with CBS Consumer Products Could Potentially Attract Huge Star Trek(TM) Audience
SPYR, Inc.'s New Agreement with CBS Consumer Products Could Potentially Attract Huge Star Trek(TM) Audience.
About this update from Spyr, Inc.
[{"type":"text","content":"\nSPYR, Inc.'s New Agreement with CBS Consumer Products Could Potentially Attract Huge Star Trek(TM) Audience\n\nSPYR, Inc.'s New Agreement with CBS Consumer Products Could Potentially Attract Huge Star Trek(TM) Audience\n\nBONITA, CA--(Marketwired - June 09, 2017) - In a move that is sure to please Trekkies around the universe, SPYR, Inc. (OTCQB: SPYR) announced this week that it has signed a licensing agreement with CBS Consumer Products that will allow SPYR to incorporate intellectual property (IP) from various Star Trek television series in future updates to and expansions of the company's real time, true cross platform MMO game, Pocket Starships.SPYR has been making news lately for its release of a female centric mobile game to expand its gamer audience, as well as its commitment to the esports industry. The stock has reflected these pieces of news favorably, showing a 20 percent jump this week alone from Monday's low of the day, and news of the agreement to incorporate Star Trek IP into Pocket Starship's expansions is surely more good news for SPYR investors.Let's face it -- the Star Trek franchise remains extremely popular even decades after the show first aired on television, so this was a brilliant deal to make on SPYR's part, and a deal that should gain its flagship game, Pocket Starships, even more players. After SPYR released news of the agreement with CBS Consumer Products, the Star Trek website verified the news on its own website (www.startrek.com). Later in the day, Star Trek tweeted out the news to its more than 327,000 Twitter followers (https://twitter.com/StarTrek), and Star Trek: The Next Generation posted the news to its more than 1.5 million followers on Facebook (https://www.facebook.com/StarTrekTheNextGeneration). A quick search of the Internet yielded some interesting numbers relative to the Star Trek franchise. As of November 11, 2015, the entire Star Trek film franchise has grossed $1.24 billion at the box office domestically, $2.2 billion adjusted for inflation.The Star Trek Beyond edition, released in 2016 has grossed a worldwide box office of $336 million, and domestic video sales of $35 million. The appropriate question isn't, \"How much has it grossed?\" It's \"How much is it worth?\" According to CNBC in 2006 -- the most current numbers we found -- Star Trek was worth, at that time, approximatel...