Warner Bros. has added Turbine to its family of wholly owned game developers, after it was announced that the media giant recently acquired the Lord of the Rings Online developer for a rumoured $160 million.
This acquisition completes Warner’s sweep of rights ownership for games based on the Lord of the Rings universe, after attaining the rights for videogames based on J.R.R. Tolkien’s literary works as well as Peter Jackson’s film trilogy, while simultaneously cementing the company’s relationship with Turbine after previously investing in the developer.
Turbine president and CEO Jim Crowley said in a statement:
“We have been looking to expand access to our online worlds to more players and more markets. This acquisition is very exciting because it allows us to expand globally while continuing to focus on creating spectacular online games that our loyal fans and players have come to expect.”
Turbine would also be known for its work on Dungeons and Dragons Online (which recently shifted to a free-to-play model) and the long-running Asheron’s Call massively multiplayer online RPG.
The acquisition of Turbine continues Warner Bros.’ pattern of growth via studio acquisition, after having acquired Monolith, TT Games (Traveller’s Tales), Snowblind, Surreal Software, Midway Games Chicago (now WB Games Chicago) and a chunk of Midway’s assets and intellectual property (including Mortal Kombat, Joust and Spy Hunter) in the space of five years, as well as the recent majority stake purchase of Batman: Arkham Asylum developer, Rocksteady Studios.
From 2006 to 2008, Warner Bros. Interactive Entertainment also held major shares in Sci Entertainment/Eidos, until that company’s acquisition by Square Enix.
- Debut Lost Planet 3 gameplay footage and latest screens reveal horror elements
- Planned PSN maintenance scheduled for this week
- You probably shouldn't watch Darksiders II's first mission... or maybe you should!
- Gears of War Wednesday Wrap: An awesomely good time
- With 3.5 million sold in 24 hours, Diablo III becomes fastest-selling PC title in history
- 'Headshots from the Heart' fundraiser takes place this weekend, features 24-hour Borderlands marathon!
- The Arrival of Azmodan: A Desperate Plea to the Armies of Light
- Why is War fighting against Death in this Darksiders II screenshot?
- Minecraft: Xbox 360 Edition Review
- Exclusive: Halo Infinity Multiplayer revealed for Halo 4, innovative online modes detailed
- Exclusive: Halo 4 Limited Edition announced with South African pricing and pre-order details
- CoD Elite members can cash in on Double XP now, but also welcome your new Call of Duty community manager
Comments:
Register to comment or login above.