Game development and publishing contract negotiation support

Law firm Veat reviewed the game development and publishing contract for domestic game developer A (hereinafter referred to as "the client") seeking to enter the global market through a European-based game publisher and provided support for negotiations for international trade.
A game publishing contract is an agreement between a game developer and a publisher, stipulating various matters necessary for game production and distribution. It regulates everything related to game services, from the construction of related service infrastructure to translation and localization, promotion, events, server management, market analysis, and the establishment of operational foundations, making a professional review before a game publishing contract essential.
Law firm Veat, in relation to the client’s game publishing contract, carefully reviewed the revenue settlement structure linked to the publisher's net sales to ensure a fair profit distribution between the publisher and the developer, and reviewed the intellectual property rights assignment issue based on improved local versions in each country, providing legal solutions to protect the developer's rights while maintaining a cooperative relationship with the publisher.
Furthermore, it clearly stipulated the handling of user claims and included the claim handling procedure in the contract to enable a rapid and effective response. Moreover, it detailed the dispute resolution procedure and proposed solutions through international arbitration institutions to ensure that disputes are resolved quickly and fairly when they arise.

• Points to Note for International Game Publishing Transactions

International transactions related to game publishing are a complex process that requires attention to various legal, cultural, and commercial factors. It requires various legal advice, including drafting and reviewing contracts, protecting intellectual property rights, complying with local laws, cultural differences, and dispute resolution.

• Support for International Trade Negotiations

Law firm Veat safely and efficiently led the game publishing contract with a European-based publisher through a one-month negotiation. It presented alternatives to analyze and minimize overall contract risks and supported the developer's understanding and prevention of legal disputes through legal advice on each clause. It also thoroughly analyzed potential legal issues that could arise in international transactions, helping the client to proceed with international transactions safely.
Our law firm Veat has experience reviewing and advising on numerous game-related contracts on behalf of domestic and foreign game IP holders, game development, and publishing companies, and provides efficient legal reviews and advice based on this experience.
Led by Senior Foreign Legal Counsel Song Woo-seok, who possesses the experience and capabilities necessary to quickly and accurately resolve legal issues arising from various international transactions, we are helping companies to expand their businesses stably even in complex international transactions. We have collaborated with numerous game companies to achieve successful international transactions and recommend that you receive professional advice from Law firm Veat to minimize legal risks and proceed with international transactions safely and efficiently.
Game Publishing, Intellectual Property Rights, and International Transactions require assistance, please contact Veat. Thank you.
Law firm Veat