Funcom has posted a video to their YouTube channel announcing their new IP studio, Heroic Signatures. This new studio has been formed after Funcom’s acquisition of Cabinet Group which gives them full control of intellectual properties like Conan the Barbarian, Mutant Year Zero and Solomon Kane.
The CEO and co-founder of Cabinet Group will remain with the company after the merger as President of Heroic Signatures. As noted in a press release, he had this to say about the move:
“The entertainment industry is rapidly becoming more ‘techified.’ We’ve seen brilliant examples of how games have incorporated IPs in innovative ways to reach audience numbers that vastly surpass previous levels. What Fortnite has done with The Avengers, for instance, or the impact a live in-game concert can have on awareness. We are looking forward to sitting down with other entertainment companies who share our vision and wish to take part in the exciting journey we have ahead...”
CEO of Funcom, Rui Casais has indicated an unannounced title is already being worked on as a result of the new Heroic Signatures venture, so we will be keeping an eye out for any news on this front.