Wemade Drops Royalty Lawsuit Against Actoz Soft
서울경제
Wemade withdrew its royalty lawsuit against Actoz Soft after the companies settled payments under the Legend of Mir IP dispute.Summary
Wemade said it withdrew a royalty payment lawsuit it had filed against Actoz Soft and its subsidiary Jeonjeongi over Legend of Mir 2 and 3. The games are jointly covered by intellectual property rights held by Wemade and Actoz Soft, and the companies had long disputed the revenue-sharing ratio for licensing revenue tied to that IP. After the Supreme Court finalized the royalty split at 80% for Wemade and 20% for Actoz Soft in December, the companies completed a royalty settlement, leading Wemade and its subsidiary Jeongi IP to drop the lawsuit. Wemade said the court ruling resolved legal uncertainty around the Legend of Mir 2 and 3 IP business and that it would focus on expanding the Mir IP from a more stable legal position.
(Source：서울경제)