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YouGamers.com News UbiSoft Acquires Tom Clancy's Name

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By: Joe Topolnisky Mar 20, 2008

UbiSoft Acquires Tom Clancy's Name

Shaking things up in the business world today, UbiSoft has announced that they've acquired the IP rights to Tom Clancy's name for use in video games, books, movies and "merchandising products." Terms of the deal were not disclosed, but UbiSoft is claiming that this deal will save them 5 Million Euroes per year.

Here's a little snippet from the press release:

"After ten years of a highly successful collaboration which has seen the creation of blockbusters that set standards in the videogame industry, such as Tom Clancy’s Splinter Cell, Tom Clancy’s Ghost Recon, and Tom Clancy’s Rainbow Six, today, acquiring the perpetual property rights of the Tom Clancy name for video games and related projects is a major event,” stated Yves Guillemot, Chief Executive Officer at Ubisoft. “The future of our industry lies in our capacity to create and develop brands that captivate consumers and that present myriad of opportunities for the full spectrum of entertainment, be it video games, books, movies or other media. The Tom Clancy brand is recognized around the world for offering exciting video games, films and books. The most recent example of such value creation through brand management is the EndWar book, based on the video game story, which has been in the NY Times top 10 Paperback Mass Market Fiction bestseller list for the last four weeks. Capitalizing on the strong franchises that we’ve built over the past 10 years, we will take the Tom Clancy game brand to the next level of the global entertainment industry."

Probably a good deal for UbiSoft in the long run. The Tom Clancy titles are a key part of their game catalog and now they won't have to fork over royalty cheques all the time. :)


 

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