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Frontier Developments Inks IP Licence Deal For Game Development
LONDON (Alliance News) - Video game developer Frontier Developments PLC on Wednesday said it signed a "major" global IP licence to develop and publish a game.
The company said it expects the game development cycle to take around two years, which it targets to start later in 2019.
The licence agreement entitles Frontier to develop and publish the unnamed game, together with subsequent associated paid downloadable content, on both PC and console.
"We are delighted to confirm that one of our future releases will benefit from a major global IP licence. 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," Chief Executive Officer David Braben said.
Frontier Developments shares were trading up 2.3% at 968.00 pence each on Wednesday.
Latest FDEV News
- Frontier Developments swings to profit after festive sales boost
15 Jan 2025 - AIM WINNERS & LOSERS: Distil revenue drops as buyers grow "cautious"
15 Jan 2025 - Frontier Developments swings back to profit in first half
15 Jan 2025 - Frontier Developments loss widens, but remains optimistic for 2025
11 Sep 2024 - UK earnings, trading statements calendar - next 7 days
4 Sep 2024 - LONDON BROKER RATINGS: Stifel cuts Great Portland, raises Hammerson
7 Aug 2024 - Frontier Developments shares up as Planet Coaster 2 to be out autumn
12 Jul 2024 - LONDON BROKER RATINGS: Jefferies raises Great Portland to 'hold'
13 Jun 2024
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(Alliance News) - Frontier Developments PLC on Wednesday reported a "strong turnaround" after swinging to profit in the first-half of financial 2025.
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(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday.
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(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday:
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