Warner Bros. Home Entertainment Group acquires majority stake in Rocksteady Studios

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
 
ACQUISITION 
FDN Database Reference:  F231109-336
 
Acquirer:  Warner Bros. Home Entertainment Group
ACQ Web:  http://www.warnerbros.com
Location:  USA, Burbank, CA
Region:  North America
Description 1:  Warner Bros. Home Entertainment Group – Warner Bros. Home Entertainment Group (WBHEG) brings together Warner Bros. Entertainment’s home video, digital distribution, interactive entertainment, technical operations and anti-piracy businesses. WBHEG oversees the global distribution of content through packaged goods (Blu-ray Disc and DVD) and digital media in the form of electronic sell-through and video-on-demand via cable, satellite, online and mobile channels, and is a significant developer and publisher for console and online video game titles worldwide. WBHEG distributes its product through third party retail partners and licensees, as well as directly to consumers through WBShop.com.
Description 2: Warner Bros. Interactive Entertainment – Warner Bros. Interactive Entertainment is a division of Warner Bros. Home Entertainment Group an is a worldwide publisher, developer, licensor and distributor of entertainment content for the interactive space across all current and future platforms, including console, handheld and PC-based gaming for both internal and third party game titles.
Category:  Entertainment, Media
Contact 1:  Kevin Tsujihara, president, Warner Bros. Home Entertainment Group
Contact 2:  Martin Tremblay, president, Warner Bros. Interactive Entertainment
Contact 3:  Josh Berger, president and managing director, Warner Bros. UK
 
Vendor:  Rocksteady Studios Ltd
Vendor Web:  
Other Web Links: Twitter
Location:  UK, London
Region:  Europe
Description:  Founded in 2004 in London, England, Rocksteady Studios specialises in developing action-adventure video games, including Batman: Arkham Asylum, one of the most critically acclaimed games of 2009. The title has enjoyed robust sales, shipping over three million units worldwide, and has garnered numerous industry awards.
Category: Games
Contact 1:  Jamie Walker, studio director, co-owner
Contact 2:  Sefton Hill, games director, co-owner
 
Aprox. Value:  Undisclosed.

Kevin Tsujihara, president of Warner’s home entertainment group in an interview in the FT said that they have acquired a 68.4% stake.
 
Details:  Warner Bros. Home Entertainment Group has acquired a majority stake in Rocksteady Studios, a privately held developer of interactive entertainment targeted at teens and adults. Their best known game is Batman: Arkham Asylum.
 
Link: Press Release
  
Warner Bros. acquisition history in the games space:

In 2007, Warner Bros. acquired TT Games, developer of the hit LEGO-based game franchises, including LEGO Star Wars, LEGO Indiana Jones and LEGO Batman. In early 2009, Warner Bros. acquired Snowblind Studios to develop its The Lord of the Rings games franchise, with the first title expected to be released in 2011. Most recently, Warner Bros. purchased the primary assets of Midway Games. Midway published the Mortal Kombat franchise, which has sold over 26 million units worldwide, and owned a robust IP catalog and broadly applicable game engine technology. As part of the transaction, Warner Bros. acquired two development studios to focus on the Mortal Kombat franchise as well as other key properties.

Warner Bros. Home Entertainment Group acquires online gaming studio Turbine, Inc.

Warner Bros. Home Entertainment Group has announced the acquisition of Turbine, Inc., the largest privately-held online gaming studio in North America.

Turbine is a leader in online entertainment and a strong strategic fit for Warner Bros. as we continue to broaden our games portfolio and development capabilities,” said Kevin Tsujihara, president, Warner Bros. Home Entertainment Group. “Turbine’s renowned online game development and publishing expertise will help us develop additional online product offerings, while also providing us with new and innovative ways to market and communicate with our consumers.”

In 2007, Warner Bros. acquired TT Games, developer of the LEGO-based game franchises, including LEGO Star Wars, LEGO Indiana Jones and LEGO Batman. Early in 2009, Warner Bros. acquired Snowblind Studios to develop its The Lord of the Rings games franchise, with the first title The Lord of the Rings: War in the North expected to be released in 2011. Also in 2009, the Studio purchased the primary assets of Midway Games. Midway published the Mortal Kombat franchise, which has sold over 26 million units worldwide. Most recently, Warner Bros. acquired a majority stake in Rocksteady Studios, a privately held developer of interactive entertainment targeted at teens and adults.

Aprox. Value:  Undisclosed. The Boston Globe reported that “Warner Bros. will pay as much as $160 million, including sums to be paid to Turbine shareholders in future years if the company meets certain financial targets.”  

Acquirer:  Warner Bros. Home Entertainment Group
ACQ Web:  http://www.warnerbros.com 
Location:  USA, Burbank, CA
Region:  North America
Description:  Warner Bros. Home Entertainment Group (WBHEG) brings together Warner Bros. Entertainment’s home video, digital distribution, interactive entertainment, technical operations and anti-piracy businesses. WBHEG oversees the global distribution of content through packaged goods (Blu-ray Disc and DVD) and digital media in the form of electronic sell-through and video-on-demand via cable, satellite, online and mobile channels, and is a significant developer and publisher for console and online video game titles worldwide. WBHEG distributes its product through third party retail partners and licensees, as well as directly to consumers through WBShop.com.
Category:  Entertainment, Media
Contact:  Kevin Tsujihara, president, Warner Bros. Home Entertainment Group
 
Vendor:  Turbine, Inc
Vendor Web:  http://www.turbine.com 
Location:  USA, Boston, MA
Region:  North America
Description:  Turbine is the largest privately-held online gaming studio in North America and has created some of the world’s most popular and award-winning online games, including The Lord of the Rings Online™, Dungeons & Dragons Online®: Eberron Unlimited™, and Asheron’s Call®.
Category: Online Games
Contact:  Jim Crowley, president and CEO

Previously reported on Fusion DigiNet: Warner Bros. Home Entertainment Group acquires majority stake in Rocksteady Studios February 23, 2010

  
FDN Database Reference:  F231109-392
 
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