22 Apr 2021 9:24 PM +00:00

Ghostrunner IP Purchased By 505 Games

Publisher 505 Games has acquired the rights to the cyberpunk Ghostrunner franchise in a deal worth €5 million, according to GI.biz.

Ghostrunner launched last year from All In Games working with 505, who will now take ownership of the IP and "all licenses for the technological solutions used in the game."

Read More: Ghostrunner Review: One Of 2020's Most Pleasant Surprises

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Ghostrunner IP Purchased By 505 Games

All In Games will still receive a share of the game's profits, with its CEO revealing that talks began last year about acquiring the IP.

Piotr Żygadło explained that 505 "was not willing to pay the amount we expected" during the early stage of the partnership".

The game recouped its production costs on the day of launch, and All In Games is expecting the game to reach one million sales this year, having hit half a million by the end of 2020.

"Ghostrunner quickly turned out to be a huge success, which convinced [505 Games] to submit an offer", Żygadło explained. "One of those 'hard to refuse' [offers]."

According to Żygadło, the money will be reinvested in growing the publisher's portfolio. The publisher is also working on the likes of Paradise Lost and Chernobylite.

Ghostrunner marked the debut of developer One More Level, and was one of our favourite games of the year.

In our review, we said that "while it can ask a lot of players, particularly in the early stages, it more than repays that investment with style and panache."

Read our full thoughts here.