CBS Consumer Products Shows Confidence in SPYR's Pocket Starships with Licensing Deal for Star Trek IP
June 14 2017 - 8:30AM
Marketwired
NEW
YORK, NY-(Marketwired - June 14, 2017) - SPYR, Inc. (OTCQB:
SPYR) received what should be viewed as a vote of confidence from
CBS Consumer Products in a recently announced licensing deal
between the two companies. CBS is licensing its intellectual
property (IP) from the long-running Star Trek television series:
Star Trek: The Next Generation, Star Trek: Deep Space Nine and Star
Trek: Voyager to SPYR, which can be taken as a vote of confidence
by CBS Consumer Products in SPYR and the synergy between CBS's Star
Trek IP and SPYR's flagship, free-to-play, MMO game Pocket
Starships.
CBS Consumer Products manages worldwide licensing and
merchandising for a diverse slate of television brands and series
from CBS, CBS Television Studios and CBS Television Distribution,
as well as from the company's extensive library of titles, Showtime
and CBS Films.
In the deal, CBS Consumer Products will allow for the
incorporation of certain Star Trek-based content into Pocket
Starships. And given how well-known and popular the science fiction
franchise is, a company like CBS is not going to ink a deal for its
long-standing IP to just anyone.
SPYR's management has a strong plan to not only use the IP
effectively in Pocket Starships, but to market and advertise the
game well into the future as well. By inking this deal with SPYR,
CBS Consumer Products has shown it has confidence that SPYR can
effectively integrate Star Trek characters and possibly even
various fighting ships from the franchise into Pocket
Starships.
SPYR is wasting no time developing the new content either. The
company's development team is already working on expansions of
Pocket Starships to include the Star Trek IP. Globally there are
millions of "Trekkies" who seek out and buy up anything related to
Star Trek, so this new Star Trek content should serve as a great
marketing tool and revenue generator for SPYR as it continues to
advertise and market Pocket Starships worldwide.
Pocket Starships is a true cross platform game, so players can
enjoy the Star Trek content with their friends and fellow Trekkies
no matter if they're on their PC or on their mobile device - all at
the same time. Imagine being a long-time fan of Star Trek and now
being able to staff your ships in the game with your favorite
characters from several of the television series.
With updates on the way that will thrust Pocket Starships into
the competitive and fast-growing electronic sports or "esports"
arena, the Star Trek IP could very well attract lots of esports
gamers to choose Pocket Starships. So, incorporating Star Trek
content should also serve as a marketing and revenue winner for
SPYR, given that Star Trek is a well-recognized science fiction
brand to several generations.
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Stock Market Media Group is an exclusive publisher for news,
updates, alerts and information on SPYR, Inc. ["SPYR"]. Our
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press releases, and SPYR's legal disclosures made in SPYR's filings
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Counsel for Securities and Regulatory compliance, Mailander Law
Office, Inc.
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are provided solely for the general opinionated discussion of our
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precise, accurate, or current investment advice, or construed or
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concerning SPYR or any other securities are solely your
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about SPYR are provided only as an informational aid, and as a
starting point for doing additional independent research. We
encourage you to invest carefully and read the investor information
available at the web site of the U.S. Securities and Exchange
Commission at: www.sec.gov, where you can also find all of SPYR's
filings and disclosures. We also recommend, as a general rule, that
before investing in any securities you consult with a professional
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prudent consideration of all pertinent risks.
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COMPENSATION DISCLOSURE
Section 17(b) of the 1933 Securities and Exchange Act requires
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SPYR agreed to compensate us with a monthly fee of $5,000.00.
Additionally, SPYR agreed to issue to us 250,000 shares of SPYR's
Restricted Common Stock. Our rights to sell any of this Restricted
Common Stock are subject to prior compliance with all U.S.
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