Oh SNAP!
MGM and EON Grant Activision Rights to James Bond Video Game License
SANTA MONICA, Calif., May 3 /PRNewswire-FirstCall/ -- MGM Interactive and
EON Productions Ltd. have awarded Activision Inc. (NASDAQ:ATVI) the rights
to develop and publish interactive entertainment games based on the James
Bond license through 2014.
This marriage of best-in-class intellectual property and next-generation
gaming expertise continues the Bond franchise's long legacy of providing
thrills to audiences around the globe. Since the initial release of Dr. No
in 1962, James Bond films have grossed more than $3.6 billion theatrically
worldwide and approximately 30 million units of video games based on the
world of James Bond have been sold to date. James Bond continues to delight
audiences worldwide with a quintessential blend of action, glamour and
sophisticated style synonymous with top secret agent 007.
"James Bond is the ultimate action movie franchise, and we look forward to
establishing a long-term relationship with MGM and EON," said Mike Griffith,
president and CEO of Activision Publishing Inc. "The James Bond franchise
creates tremendous global expansion opportunities for Activision as it is
one of the few video game licenses that appeals equally to domestic and
international consumers. James Bond storylines are rich with style, drama
and action, all of which lend themselves perfectly to developing
extraordinary games that capture the thrill of being the most celebrated
secret agent in the world."
Under the terms of the agreement, Activision will obtain the worldwide
rights to create video games for all current and next-generation consoles,
PC and hand-held platforms. The license will grant Activision the right to
develop and publish games based on all of the James Bond movies, as well as
non-movie based games.
"MGM Interactive continues to work with best in class publishing and
development teams, to ensure we deliver both memorable and fully immersive
interactive gaming experiences for both core and mass-market gamers," said
Travis Rutherford, MGM's executive vice president, Consumer Products and
Location-Based Entertainment. "Activision's proven expertise in developing
cutting edge games, their core competency in managing large movie franchises
combined with the global appeal of the James Bond property, will create a
new benchmark for the next-generation gaming experience. We are excited to
be partnered with Activision and look forward to a long and mutually
successful partnership."
"Activision's track record of developing engaging and sophisticated games
across all platforms makes it the ideal partner to introduce the Bond
videogame experience to a new generation of game players, as well as to
provide new thrills and excitement for the legions of people who are already
fans of the Bond films and games," said David Pope, CEO of EON Productions
Limited, maker of the James Bond films.