Funcom has announced that it has scored over $10M in new funding to establish a partnership with Cabinet Group LLC to form a new company called Heroic Signatures. This company will hold and maintain the interactive rights to worlds and characters created by Robert E Howard "and the Swedish original pen and paper and board games". These worlds include those of Conan the Barbarian, Solomon Kane and Mutant Chronicles.
Funcom and Cabinet each own 50% of Heroic Signatures that maintains interactive control of the IPs including the development of new video games based on them. Funcom will continue to develop games in-house as well as work to establish "an increased focus on co-development and publishing partnerships with developers...with focus on quality over quantity of projects". The plan is to reveal the first of these projects in early 2018.
“Heroic Signatures is now the guardian and caretaker of a veritable treasure chest of incredible worlds, each of them ready to be brought into the interactive space,” said Funcom CEO, Rui Casais. “Any developer or publisher will be able to license these properties, and our ambition is to see a multitude of games grow from these worlds and to see the properties strengthened across the board to the benefit of everyone who works with them.”
You can check out the full release on the Funcom site.
