Wednesday, June 20, 2018
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
New European Rules Could Make Google, Facebook and Others Responsible For Copyrighted Content On their Services
Verizon, Sprint, AT&T and T-Mobile To Stop Sharing Cell Phone Location Data
Hackers Breached Satellite, Defense Companies
Benchmarks With the 32-core AMD Threadripper Appear Online
Facebook Offers More Tools To Video Creators
Western Digital Adds 12TB Western Digital Purple Drive to Surveillance Portfolio
Toshiba Delivers RM5 vSAS Series SSDs Targeting SATA Applications
Noctua launches CPU Coolers for LGA3647 Intel Xeon Platforms
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Games > Warner ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, December 11, 2012
Warner Bros and MGM To Invest in Social Games Company Kabam

Warner Bros. Entertainment Inc. and Metro-Goldwyn-Mayer Studios Inc. (MGM) have partnered for investment in the social game developers Kabam Inc., the games maker said on Tuesday.

The companies did not disclose the terms of the deal.

Kevin Tsujihara, president, Warner Bros. Home Entertainment (WBHE) and Office of the President, Warner Bros. Entertainment, and Gary Barber, MGM chairman and chief executive officer will join the Kabam Board of Directors as member and observer, respectively.

"Partnering with Warner Bros. and MGM is a natural fit for Kabam as we create new story lines and extensions of Hollywood studios' intellectual properties for millions of gamers worldwide," said Kabam Co-Founder and CEO Kevin Chou.

The moves follow the recent release of The Hobbit, Kingdoms of Middle-earth, a game co-developed by Kabam and Warner Bros. Interactive Entertainment (WBIE) and based on Peter Jackson?s The Hobbit Trilogy, a production of New Line Cinema and MGM. In less than one month, The Hobbit, Kingdoms of Middle-earth has become the ninth top-grossing mobile app on Google and a top-25 grossing mobile app on Apple in the U.S. Kabam and WBIE are co-developing another Hobbit game to play via Web browsers, The Hobbit: Armies of the Third Age, for release early next year. The first of the three Hobbit films is set for release by New Line Cinema and MGM on December 14.

"We partnered with Kabam almost a year ago to deliver incredible games for The Hobbit trilogy, arguably one of the top intellectual properties in the world," said Mr. Tsujihara. "As we worked with Kabam, it became clear that a closer, more strategic partnership made sense for us both. Kabam is a leader in the industry and we look forward to being a part of their continued growth."

"Kabam offers great strategic vision and discipline for growth and they are the best at what they do," said Mr. Barber. "They are a natural partner for us on both our vast selection of IP as well as potential future projects."

Mr. Barber's MGM co-owns rights to The Hobbit and owns one of the world's deepest libraries of premium film and television content including the James Bond franchise and its latest installment Skyfall.

The two Hollywood companies join Silicon Valley titans Google and Intel and venture capital firms Canaan Partners and Redpoint Ventures as investors in Kabam.

Wi-LAN Sues RIM Over Bluetooth Patents        All News        Fujitsu, NTT and NEC To jointly Develop 400Gbps-class Optical Transmissions Technology
Microsoft Introdces New Xbox SmartGlass Experiences For Sports Fans     Games News      SkyDrive Comes To Xbox 360

Get RSS feed Easy Print E-Mail this Message

Related News
Warner Bros. Home Entertainment and Redbox Agree to Offer 28-Day Window for DVD and Blu-ray Titles
Technicolor Announces Strategic Partnership with Warner Bros.
Warner Bros Home Entertainment and Netflix Agree on DVD, Blu-ray and Streaming Content
Warner Bros Opens Film Vault With the Launch of "Warner Archive Collection"
Warner Bros Expands Acclaimed F.E.A.R. Game Sequel
Warner Puts Total HD 'On Hold'
Blu-Ray, HD DVD Dual Disc Plans Delayed Until 2008
Movie firms working on digital film system
Warner Home Video Makes a Triple-Play in Three Formats With Release of The Lake House
Warner Bros Offers TV Shows on iTunes
Warner Home Video Announces First Wave of Blu-ray Launch Titles
Warner Bros. to Sell Movies via BitTorrent

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .