Pearson Plc Announces Long-Term Agreement with Red Storm Entertainment, Inc.
NEW YORK, NY – August 1, 1997 –
Pearson plc, through The Penguin Group, has announced a long-term strategic agreement with Red Storm Entertainment, Inc., a multiple media entertainment company founded by best selling author Tom Clancy and Virtus Corporation, the leader in interactive 3D business applications.
The Penguin Group and other Pearson subsidiaries will partner with Red Storm Entertainment, Inc. to market a new generation of multiplayer online games and other multiple media products. Red Storm Entertainment, Inc. currently is developing four titles and will release its first game this Fall, Tom Clancy’s Politika, a multiplayer game about a power struggle among factions in Russia following the death of President Boris Yeltsin. In July 1997, Berkley announced that they will release Tom Clancy’s new Politika novel bundled with the interactive game of the same title.
Doug Littlejohns, president and chief executive officer of Red Storm Entertainment Inc., said, “This is by far the most important day in the history of our company. We will be able to use the landmark partnership to expand Red Storm Entertainment’s business rapidly, and we are delighted to gain access to the global media organization which is Pearson. As you will see in the coming months, we will work with Pearson companies to bring to market innovative products through a variety of media, as we create and proliferate the next generation in online game playing for thousands of people around the world.”
Michael Lynton, chairman and chief executive officer of The Penguin Group, said, “We are pleased to be entering into this agreement with Red Storm Entertainment to reach a huge array of new markets with new products and new media. We look forward to working with Tom Clancy, Doug Littlejohns and their team at Red Storm Entertainment as they realize their vision of a new kind of interactive storytelling going forward into the 21st century.”
As part of the agreement, Putnam Berkley, Tom Clancy’s longtime publisher in the US, and now part of Pearson’s Penguin Group, will obtain the global English language rights to two major novels which will be published in England by Penguin U.K.
Marjorie Scardino, chief executive of Pearson, said, “We’ve enjoyed a long, successful publishing relationship with Tom Clancy through Putnam Berkley and now we are excited to be expanding our relationship on a global scale, as well as partnering with his new media venture. Red Storm Entertainment is something special, and we’re happy to contribute to its growth and development.”
Tom Clancy, founder and Chairman of Red Storm Entertainment, Inc., said, “Putnam and I have been partners for over 12 years, and now we can be partners for the invention of a new art form. This is the beginning of a new form of story telling, partnering one of the worlds’ leading publishers and Red Storm Entertainment, a new company with a new vision.”
--more--
Pearson agreement with Red Storm/2
Pearson subsidiary Mindscape Inc. will be the distributor of Red Storm Entertainment retail software products. Red Storm Entertainment also will work with the new Pearson company Headland Digital Media to develop online software distribution strategies
About Pearson plc
Pearson plc is an international media group with interests in publishing, television production, broadcasting, electronic and multimedia businesses, including The Penguin Group, which is the second largest English-language trade book publisher in the world. Penguin acquired the Putnam Berkley Group in November 1996.
About Red Storm Entertainment
Red Storm Entertainment publishes interactive entertainment for the computer and console platforms, and is a leading provider of products for the multiple media entertainment market. Red Storm Entertainment was co-founded by best-selling author and Chairman of the Board Tom Clancy; and Virtus Corporation, the leader in interactive 3D business applications. For more information call Red Storm Entertainment at 919-460-1776 or visit www.redstorm.com.
###
Red Storm Entertainment is a trademark of Red Storm Entertainment, Inc. All other products or services may or may not be trademarks or registered trademarks of their respective organizations.
Contact:
Wendy Beasley Marilyn Ducksworth
Red Storm Entertainment Penguin Putnam
(919) 460-1776 (212) 951-8466
wendy.beasley@redstorm.com mjduck@putnam.com
The Penguin Group and other Pearson subsidiaries will partner with Red Storm Entertainment, Inc. to market a new generation of multiplayer online games and other multiple media products. Red Storm Entertainment, Inc. currently is developing four titles and will release its first game this Fall, Tom Clancy’s Politika, a multiplayer game about a power struggle among factions in Russia following the death of President Boris Yeltsin. In July 1997, Berkley announced that they will release Tom Clancy’s new Politika novel bundled with the interactive game of the same title.
Doug Littlejohns, president and chief executive officer of Red Storm Entertainment Inc., said, “This is by far the most important day in the history of our company. We will be able to use the landmark partnership to expand Red Storm Entertainment’s business rapidly, and we are delighted to gain access to the global media organization which is Pearson. As you will see in the coming months, we will work with Pearson companies to bring to market innovative products through a variety of media, as we create and proliferate the next generation in online game playing for thousands of people around the world.”
Michael Lynton, chairman and chief executive officer of The Penguin Group, said, “We are pleased to be entering into this agreement with Red Storm Entertainment to reach a huge array of new markets with new products and new media. We look forward to working with Tom Clancy, Doug Littlejohns and their team at Red Storm Entertainment as they realize their vision of a new kind of interactive storytelling going forward into the 21st century.”
As part of the agreement, Putnam Berkley, Tom Clancy’s longtime publisher in the US, and now part of Pearson’s Penguin Group, will obtain the global English language rights to two major novels which will be published in England by Penguin U.K.
Marjorie Scardino, chief executive of Pearson, said, “We’ve enjoyed a long, successful publishing relationship with Tom Clancy through Putnam Berkley and now we are excited to be expanding our relationship on a global scale, as well as partnering with his new media venture. Red Storm Entertainment is something special, and we’re happy to contribute to its growth and development.”
Tom Clancy, founder and Chairman of Red Storm Entertainment, Inc., said, “Putnam and I have been partners for over 12 years, and now we can be partners for the invention of a new art form. This is the beginning of a new form of story telling, partnering one of the worlds’ leading publishers and Red Storm Entertainment, a new company with a new vision.”
--more--
Pearson agreement with Red Storm/2
Pearson subsidiary Mindscape Inc. will be the distributor of Red Storm Entertainment retail software products. Red Storm Entertainment also will work with the new Pearson company Headland Digital Media to develop online software distribution strategies
About Pearson plc
Pearson plc is an international media group with interests in publishing, television production, broadcasting, electronic and multimedia businesses, including The Penguin Group, which is the second largest English-language trade book publisher in the world. Penguin acquired the Putnam Berkley Group in November 1996.
About Red Storm Entertainment
Red Storm Entertainment publishes interactive entertainment for the computer and console platforms, and is a leading provider of products for the multiple media entertainment market. Red Storm Entertainment was co-founded by best-selling author and Chairman of the Board Tom Clancy; and Virtus Corporation, the leader in interactive 3D business applications. For more information call Red Storm Entertainment at 919-460-1776 or visit www.redstorm.com.
###
Red Storm Entertainment is a trademark of Red Storm Entertainment, Inc. All other products or services may or may not be trademarks or registered trademarks of their respective organizations.
Contact:
Wendy Beasley Marilyn Ducksworth
Red Storm Entertainment Penguin Putnam
(919) 460-1776 (212) 951-8466
wendy.beasley@redstorm.com mjduck@putnam.com
Companies:
Red Storm
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