Zoo Entertainment Settles $2M Video Game Royalty Row

Law360, New York (August 23, 2011, 4:53 PM EDT) -- New World IP LLC reached a deal Monday in its $1.9 million trademark and contract fight with Zoo Entertainment Inc. over a video game licensing agreement.

U.S. District Judge Shira A. Scheindlin signed off on an order dismissing the action in New York federal court, noting that the parties had entered into a confidential settlement of the dispute in which New World claimed that video game producer Zoo owed it unpaid royalties.

New World first launched the trademark and breach of contract suit in April, claiming that Zoo had violated the terms of a licensing agreement between the companies that granted...

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