Frontier Development signs major IP licence deal
Video games developer and publisher Frontier Developments has signed a major global intellectual property licence to develop and publish a future game, it announced on Wednesday.
The AIM-traded firm said it anticipated a development cycle for the game of around two years, with development expected to begin later in 2019.
It said the licence agreement entitled it to develop and publish the game, together with subsequent associated paid downloadable content, worldwide on both PC and console platforms.
Frontier's first self-published licenced title, ‘Jurassic World Evolution’, was released in June last year on PC, PlayStation 4 and Xbox One, alongside the theatrical release of the ‘Jurassic World: Fallen Kingdom’ film.
Jurassic World Evolution was Frontier's biggest launch to date, achieving one million base game unit sales in five weeks and two million base game units in seven months.
“We are delighted to confirm that one of our future releases will benefit from a major global IP licence,” said Frontier Developments chief executive David Braben.
“We are excited about our existing franchises and our future portfolio.
“We will continue to love, support and enhance our existing game franchises as we build new ones.”