Starbreeze Acquires Payday Franchise Rights

Payday franchise

Today, Swedish publisher Starbreeze announced its full acquisition of the rights to the Payday franchise from 505 Games. Starbreeze gave up 10.9 million B-shares, the equivalent of a cool $30 million on this deal. In addition Payday 3 has been confirmed as part of this announcement.

After this deal is finalized, Starbreeze will have full rights to the Payday franchise for all future developments and commercialization. This will include Payday 2 and Payday’s mobile versions.

In a press release Starbreeze explained they will receive full net revenue from Payday 2 on Steam retroactively from May 1st. The console version is a slightly different story. 505 Games currently splits the revenue for console editions with Starbreeze and this will remain the same.

“Furthermore, 505 Games will retain a 33 percent revenue share of Starbreeze’s net revenues from future sales of Payday 3 capped at $40 million, and after Starbreeze has fully recouped its development and marketing costs,” the press release said.

No further details were given about Payday 3. However it’s Starbreeze assessment that the $30 million price will be matched by corresponding revenues on the Payday franchise until the release of Payday 3. The publisher believes this to be a sound investment for both the long and short term.

“Payday is very close to my heart, and has laid the foundation for Starbreeze success in recent years,” Stabreeze CEO Bo Andersson Klint said in a statement. “We’re very excited to bring our heisters home to the safe house. To start with, we believe in the continued success of Payday 2 and will support it for at least another 18 months continuing expanding the game.”

The Payday franchise debuted in 2011 for the PC; it took a little while to go to console. Nevertheless this crime-based co-op title became very popular, reaching 14 million players across almost all the current platforms according to Starbreeze.