Atari Buys RollerCoaster Tycoon 3 Publishing Rights for $7 Million

Atari has purchased the CurlerCoaster Tycoon 3 publishing rights from Frontier Developments for $7 million.

Atari, which has a long-term CurlerCoaster Tycoon licensing settlement with franchise creator Chris Sawyer, stated it’s now the only writer of all main titles inside the CurlerCoaster Tycoon franchise, together with Rollercoaster Tycoon Classic, Rollercoaster Tycoon 2, Rollercoaster Tycoon 3, Rollercoaster Tycoon Deluxe, Rollercoaster Tycoon Joyride, Rollercoaster Tycoon World, Rollercoaster Tycoon Puzzle, and Rollercoaster Tycoon Touch.

The massively profitable Rollercoaster Tycoon 3 was developed by Frontier Developments, the UK studio behind Elite: Dangerous and Zoo Tycoon, and launched in 2004. It’s accessible now on PC, Mac, iOS, and Nintendo Switch, however Atari stated it plans to develop digital and bodily distribution, and “discover model and merchandising collaborations as a part of a long-term plan to convey the franchise to new heights.”

“As we rejoice the twenty fifth anniversary of Rollercoaster Tycoon with Chris Sawyer, I’m actually happy that we are able to unite this vital and profitable title within the collection with the remainder of the franchise,” stated Wade Rosen, Chairman and CEO of Atari. ”This goes to create new alternatives for Atari as we proceed the good work accomplished by Frontier, and produce advantages to the followers of video games throughout the Rollercoaster Tycoon franchise.”

RollerCoaster Tycoon 3, now published by Atari.
CurlerCoaster Tycoon 3, now printed by Atari.

The sale brings in much-needed money for Frontier, which has struggled lately after a string of video games did not hit gross sales projections. In November, Frontier issued a buying and selling replace following poor launch gross sales of its real-time technique recreation Warhammer Age of Sigmar: Realms of Ruin. The studio has additionally suffered a spherical of layoffs.

In a buying and selling replace issued this week, Frontier stated gross sales of its video games since January have been “in-line with expectations”, with Jurassic World Evolution 2 and Planet Zoo main the cost. The latest console launch of Planet Zoo noticed “sturdy participant engagement”, with complete gross sales as much as and together with the day of launch larger than the gross sales achieved by Planet Coaster when that recreation got here out on consoles in November 2020.

According to Frontier, publishing CurlerCoaster Tycoon 3 generated $1.5 million in revenue per 12 months for the reason that firm acquired the rights in 2018. The $7 million sale is made up of $4 million of up-front money and $3 million of deferred money. “The proceeds of the disposal will probably be utilized by the Company for common working capital functions,” Frontier stated.

Frontier’s money place grew to £23.4 million as of March 31, 2024, up from £19.9 million as of December 31, 2023. Cash acquired throughout that three month interval included the $4m of up-front consideration due from the sale of the CurlerCoaster Tycoon 3 publishing rights and the primary tranche of the video video games tax aid money credit score associated to the FY23 UK tax returns, Frontier stated.

As for the longer term, Frontier stated it “stays comfy” with its earlier steering. In a earlier replace, Frontier stated it was refocusing on artistic administration simulation video games (CMS). With this in thoughts, Frontier has confirmed three future CMS video games, with one releasing in every of the subsequent three monetary years. Alongside this it can proceed to develop and help its current portfolio of video games, together with Elite Dangerous, F1 Manager, and Realms of Ruin.

Wesley is the UK News Editor for IGN. Find him on Twitter at @wyp100. You can attain Wesley at [email protected] or confidentially at [email protected].

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