Frontier Developments PLC Announces Movie IP License for Third Franchise
February 06 2017 - 2:00AM
RNS Non-Regulatory
TIDMFDEV
Frontier Developments PLC
06 February 2017
6 February 2017
Frontier Developments plc
Announces movie IP license for third franchise
Frontier 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.
Frontier 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.
The 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.
David Braben, Chief Executive of Frontier Developments,
said:
"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."
Enquiries:
Frontier Developments +44 (0)1223 394 300
David Braben, CEO
David Walsh, COO
Numis - Nomad and Joint
Broker +44 (0)20 7260 1000
Simon Willis / Jamie
Lillywhite (Nomad) /
Toby Adcock
Finncap +44 (0) 207 220 0500
Matt Goode / Giles Rolls
Tulchan Communications +44 (0) 207 353 4200
James Macey White / Matt
Low
About Frontier Developments plc
Frontier 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 'COBRA' game development technology to create
innovative games, currently focusing on videogame consoles and
personal computers.
www.frontier.co.uk
About Elite Dangerous
Elite Dangerous - available for Windows PC, Apple Macintosh,
Microsoft Xbox One and coming to Sony Playstation 4 in 2Q 2017 - is
the definitive massively multiplayer space epic, bringing gaming's
original open world adventure to the modern generation with a
connected galaxy, evolving narrative and the entirety of the Milky
Way re-created at its full galactic proportions.
www.elitedangerous.com
About Planet Coaster
Planet Coaster - available for Windows PC - builds on Frontier's
genre-defining expertise with coaster park games such as
RollerCoaster Tycoon 3 and Thrillville. It further raises the bar
for this popular genre, allowing players to let their imaginations
run wild as they surprise, delight and thrill incredible crowds,
and share their success with the world via the Steam Workshop
community.
www.planetcoaster.com
This information is provided by RNS
The company news service from the London Stock Exchange
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