ProCloud Media Invest
AB v. Paramount Pictures Corporation
U.S. District Court, Central District of California
Case No. 2:2012cv05192, Filed on June 14, 2012
brought suit against Paramount Pictures for breach of contract and unjust
enrichment after entering into a licensing agreement which would have granted
ProCloud the exclusive rights to develop videogames based on Paramount’s
intellectual property.  ProCloud stated
that it paid a licensing fee of $500,000 to Paramount twice, once in consideration
of the initial contract, and a second time when the contract was amended.  Due to the shuttering of Paramount’s Digital
Entertainment division, nothing ever came from the licensing agreement.  On December 21, 2012, the Court granted a
joint motion for dismissal with prejudice after the parties reached an
out-of-court settlement.


Case Settled: Electronic Arts v. Textron, Inc., et al
Case Settled: OG International v. Ubisoft