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Entertainment Acquires Conan
(Stockholm, Sweden) Paradox Entertainment announced the two-step acquisition of Conan Sales Company (CSC) holding all the rights to Conan, one of the most successful character franchises in the world. The agreement allows Paradox to acquire 20% of the company with an option to purchase all remaining stock. Effective immediately, the management of CSC will be represented by Paradox Entertainment.
"The potential in the Conan character, stories and fan base is huge. We plan to increase licensing activities immediately in all media, including newly written books, comics and computer games," said Theodore Bergquist, CEO of Paradox Entertainment.
"We could not find better, more astute, or more creative hands to guide the Barbarian's future," said Arthur Lieberman, representing the sellers.
A wide range of international companies has been working with Conan over the years. Current licensing deals include a feature film option with Warner Brothers, computer games license with TDK, and a publishing license with TOR-books.
Weve got two major challenges: The first is to be true to the great Conan fan base, and the second is to elevate the Conan brand and its characters preparing the property for another sixty years in the entertainment industry. We feel that Paradox is well suited to take on such tasks, concluded Mr Bergquist.
For more information please contact:
Theodore Bergquist, CEO, email@example.com
About Paradox Entertainment
About Conan Sales Company.
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