Kartoon Studios Inc. shares rise 1.34% after-hours following Atari's strategic IP agreement with Ubisoft.

Kartoon Studios Inc. rose 1.34% in after-hours trading, with Atari and Ubisoft announcing a strategic IP agreement. Atari has acquired all intellectual property rights for five acclaimed Ubisoft titles, including Cold Fear, I Am Alive, Child of Eden, Grow Home, and Grow Up. This agreement reflects a shared commitment to delivering high-quality gaming experiences while honoring the original spirit of the titles. Atari will reintroduce iconic creations, bringing them to new platforms and renewed publishing frameworks.