17.01.2024 22:54:52 - dpa-AFX: Take-Two Raises Objection Over Remedy's New Logo

WASHINGTON (dpa-AFX) - Take-Two Interactive Software, Inc. (TTWO), a video
game publisher, has filed a lawsuit against Remedy Entertainment, accusing that
the new 'R' logo of Remedy Entertainment bears a resemblance to Rockstar Games'
logo, a subsidiary of Take-Two Interactive.

According to Take-Two Interactive, the similarities between the two logos are
significant enough to confuse the public.

The trademark dispute, first reported by RespawnFirst, was filed with the UK's
Intellectual Property Office in September, and it targets two versions of
Remedy's logo: one with the company's name and another without it.

Remedy Entertainment introduced its refreshed 'R' logo to the public through a
blog post on April 14th, 2023, after submitting its trademark application to the
EU. The company had explained that the new logo represents its expanded range of
games, as the presence of a bullet within the letter R in the previous logo
symbolized the Max Payne era, which no longer accurately represented its
expanded range of games.

Concerning the dispute within the EU, both parties have recently expressed the
desire to extend the usual two-month 'cooling off period' before the matter is
resolved in court. The commencement of the adversarial proceedings has been
postponed until at least September 7th, 2025, unless the two companies involved
opt to settle beforehand.

Take-Two Interactive has a history of taking legal action to safeguard its
trademarks, and one such instance occurred in December 2021. In that case,
Take-Two pursued a trademark claim against Hazelight Studios, an indie game
developer, regarding their popular puzzle platformer called 'It Takes Two.' The
argument was that there could be a potential confusion among consumers between
Take-Two and the game's title. Consequently, Hazelight Studios decided to
relinquish its trademark for the name.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
TAKE-TWO INTERACT. SOFTW. 914508 Frankfurt 135,140 20.05.24 16:28:55 -2,440 -1,77% 0,000 0,000 137,740 135,140

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