Paramount Hit With $10M Suit Over Game Development Deal

Law360, New York (June 19, 2012, 4:52 PM EDT) -- A Swedish video game developer on Thursday accused Paramount Pictures Corp. of abandoning a licensing and development deal to create games based on the studio's movies, claiming in California federal court that Paramount had cost it more than $10 million in lost revenue.

ProCloud Media Invest AB said it signed a deal in September 2010 to pay the Viacom Inc. unit $500,000 for the exclusive license to develop and market video games based on five of Paramount's motion pictures, later adding two more films for an...
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