SOURCE: King Midas World Entertainment

King Midas World Entertainment

July 29, 2014 06:00 ET

"Tyrant" Pact Reached

LAS VEGAS, NV--(Marketwired - Jul 29, 2014) - King Midas World Entertainment today announced that it has signed an agreement with Twentieth Century Fox Film Corporation regarding the "Tyrant" mark.

The agreement calls on both parties to refrain from challenging each other's "Tyrant" mark, which is completely different in scope, type, concept, and settings, and to work together to make sure no confusion is created among the public.

The FX network's television series "'Tyrant' tells the story of an unassuming American family drawn into the inner workings of a turbulent Middle Eastern nation," according to its website. The dramatic series follows the story of Bassam "Barry" Al-Fayeed in the fictional country of Baladi.

King Midas features Michael Tiranno, "The Tyrant," a new superhero action thriller adventure franchise. Also identified as Tyrant Knight, the property is in the active stages of development in films, comics, interactive media, gaming, and branding. The concept and book series, created by Fabrizio Boccardi, CEO of King Midas World Entertainment, with the intention to launch a franchise and a global brand, was initiated in 2008 with the bestseller the "Seven Sins: The Tyrant Ascending," nominated by the Library Journal a Best Thriller of The Year.

"We have big projects and even bigger plans for this property, which we are actively pursuing with sizable investments and qualified partnerships and licensing agreements," said Fabrizio Boccardi.

The "Tyrant" property has also been licensed by King Midas to DC Comics for comics, while a motion picture is actively in development in Hollywood, and a licensing representation agreement has been signed with Beanstalk.

Michael Stone, CEO of Beanstalk said, "We are pleased with the agreement and we are confident that 'The Tyrant' has great potential to become a franchise with brand qualities that can drive licensing success. There's an epic quality to the concept of Michael Tiranno 'The Tyrant' that will make the property compelling and accessible to consumers."

About King Midas World Entertainment Inc.
Aptly based in Las Vegas, King Midas World Entertainment is focused on the development of its brands and proprietary franchises and their application in the publishing, casino, movie, entertainment, social and interactive media, technology and hospitality industries. http://www.KingMidasWorldEntertainment.com.

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