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Endpoint: Warner Bros. Interactive Entertainment



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created on: 1/06/2018
by: Lo55o (12475)
 
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General info : Warner Bros. Interactive Entertainment (commonly known as WB Games) is the business name of Warner Bros. Interactive Entertainment, Inc., the video game production arm of Warner Bros. and a publisher, developer, licensor and distributor of entertainment content for the interactive space across all platforms, including console, handheld, mobile and PC-based gaming for both internal and third party game titles. In 1995, Warner Bros. Interactive Entertainment licensed out their first game property under their current name, Batman Forever to Acclaim Entertainment. In 2007, their goal was for a five-year plan to expand in the video game industry, which includes the acquisition of studios for internal development and the creation of a studio (WB Games) in the Seattle area that will run all the games published and developed by the company; starting with the acquisition of TT Games that same year for the amount of GB£100 million. In April 2008, they increased their stake to 35% gaining distribution right of all Eidos games in the United States, Canada and Mexico. On December 15, 2008, right after SCi changed their name to Eidos PLC, Warner acquired a total of 10 million shares of the company, raising its owned amount to 19.92%. On February 12, 2009, SQEX Ltd, a wholly owned subsidiary of Square Enix, announced a takeover offer worth GB£84.3 million (32p per share) for Eidos PLC, which was backed by Warner Bros. as shareholder. Square Enix eventually took over the company April 22, 2009 and later changed the name to Square Enix Europe. Warner Bros. announced on February 4, 2009 it had purchased independent developer Snowblind Studios. In 2009, Warner purchased most of the assets of American publisher Midway Games, operating under Chapter 11 bankruptcy protection, for US$49 million. On July 28, 2009, Midway's Mortal Kombat team was rebranded WB Games Chicago by its new owners and, in 2010 was merged with Midway Games to form NetherRealm Studios. On February 23, 2010, Warner Bros. Home Entertainment Group announced it had acquired majority stake in Rocksteady Studios, an independent development studio based in London. Warner Bros. Home Entertainment Group announced on April 20, 2010 the acquisition of Turbine, Inc. the developer of the famous MMOs Asheron's Call, Dungeons & Dragons Online and The Lord of the Rings Online. On January 24, 2017, Warner Bros. Interactive Entertainment announced it had acquired Avalanche Software from Disney Interactive Studios (WB's rival company), including its Octane engine software, and re-opened the studio, with Blackburn returning as its CEO. On February 8, 2017, Warner Bros. acquired Playdemic via TT Games to make Lego games for mobile devices. 
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Websites https://community.wbgames.com/ (community.wbgames.com/) 
Source : https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=8781264 (www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=8781264) 
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