Funcom announced the acquisition of Cabinet Group, which holds numerous IPs including Conan the Barbarian, Mutant Year Zero, and Solomon Kane.
The publisher has incorporated the entire portfolio of the IP studio to the Funcom subsidiary Heroic Signatures.
Funcom CEO Rui Casais has high ambitions for the IPs and reveals there is at least one unannounced project already in development.
“We are currently overseeing the development of an unannounced game which will combine many of the characters in the Robert E. Howard universe,” says Casais. “And if you combine Funcom’s knowledge of games with Heroic Signatures’ knowledge of the TV/entertainment, publishing, and licensing industries, it makes us perfectly placed to take this venture to the next level. It’s exciting times ahead for us and for fans of the IPs,” he says.
Fredrik Malmberg, co-founder and CEO of Cabinet Group, will continue carrying the torch as President of Heroic Signatures. “We took Cabinet Group as far as we could as an independent studio, but in order to achieve further growth, we were in need of bigger financial investments and infrastructure,” Malmberg explains.
The Heroic Signatures President has already achieved a massive resurgence in popularity for several IPs. Most notably, licensing deals with companies such as Penguin Random House, Panini, Titan Books, Monolith and indeed Funcom, have made Conan the Barbarian reach a whole new generation of fans around the world. Marvel Entertainment is publishing a new Conan comic book every month, and there is also a Netflix series based on the same IP currently in the works.
We’re excited to see what comes from this as Funcom has been actively publishing video games based on these worlds.
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