In an earning’s call, president and CEO of Time Warner, Jeffrey L. Bewkes, related to investors the firm’s movements into the realms of video games, revealing that they are spending hundreds of millions of dollars, as well as a $250 million investment from Abu Dhabi, on the development of 75 games over the next 7 years.
Bewkes also noted Time Warner and Warner Bros. current assets and partnerships, speaking about their distribution rights for Codemasters, investments in Eidos and British Entertainment, their own investment from their strategic partner in Abu Dhabi as well as the acquisition of TellTale Games, which gave them the highest selling game in June with Lego Indiana Jones, with high hopes for Lego Batman in the near future. He also claimed that Warner could attract the necessary talent away from rival developers and publishers, after the question arose whether or not they had the resources they needed within the company.
With this kind of commitment, it seems there may be a new player in town.
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