Wemade Signs License Agreement Worth 500 Billion KRW for 'Mir 2·3' with Actoz Soft

Wemade announced on the 9th that it has signed a license agreement for 'Legend of Mir 2 and 3' with Actoz Soft through its subsidiary, Electric IP.

Through this agreement, Actoz Soft will hold exclusive rights to the 'Legend of Mir 2 and 3' license business in China (excluding Hong Kong, Macau, and Taiwan). The contract period is 5 years, with an annual payment of 100 billion KRW, totaling 500 billion KRW.

Wemade explained that the contract was decided as a magnanimous judgment to restore trust between the two companies and to create a sustainable business environment. Wemade plans to secure stable revenue as a co-copyright holder of 'Legend of Mir.'

Additionally, Wemade plans to build a mutually close cooperative relationship with Actoz Soft to maximize the performance of the 'Legend of Mir' IP business.

Jang Hyun-guk, CEO of Wemade, stated, “Today’s contract will be a turning point for Wemade and Actoz Soft to move toward a better future through cooperation,” and added, “We will showcase Wemade’s games in the growing Chinese market again to achieve greater success.”

This content was produced with the assistance of AI translation services.