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Forever Entertainment Signs Agreement With Square Enix For More Remakes

by Rainier on March 1, 2021 @ 10:58 a.m. PST

Forever Entertainment announced that it has entered into a material agreement with Square Enix to create and release several game remakes based on one IP owned by Square Enix Japan.

The name of this IP will be made public in a separate report once the global marketing campaign begins.

Remakes of all games will feature the new visuals, but the gameplay and scenario will remain the same as the original version. Exact release dates for all games will be reported in separate ongoing reports.

For its participation in the project, FE will receive a significant portion of the revenue more than 50% from each game sold on all platforms.

Acquiring classic IPs and creating new productions or remakes on their basis is one of the important directions of the Company's development, the effectiveness of which has been confirmed by the success of Panzer Dragoon: Remake.

The company will cover the costs related to the implementation of the above agreement from its own funds.

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