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

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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.”

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