News: Lego Star Wars developer gobbled up by the WB.
Warner Bros. has announced they've reached a deal to acquire TT Games, the corporate entity that includes developer Traveller's Tales and UK publishing house TT Games Publishing. Traveller's Tales is best known for developing the Lego Star Wars series along with this summer's Transformers: The Movie adaptation.
Traveller's Tales just completed work on Lego Star Wars: The Complete Saga and is currently working on Lego Batman for Warner Bros. and Lego Indiana Jones for LucasArts. This deal will not disrupt development of either of those games. TT Games also holds the development rights to games based on The Guinness Book of World Records, although no specific games based on that license have been announced yet.
Everyone involved in the deal seemed very excited about the future.
"TT Games is very successful and respected in the game development and publishing world," said Barry Meyer, chairman and CEO of Warner Bros. "They are a great fit for us and the right next step for Warner Bros. as we grow into a significant presence in the games space."
"TT Games is the leading video game developer for young gamers and their families," said Kevin Tsujihara, president of Warner Bros. Home Entertainment Group. "The expertise that TT Games brings to Warner Bros. is a great match with our brands as well as an opportunity to effectively leverage our existing global infrastructure."
"Warner Bros. has an extraordinary track record in nurturing and developing intellectual property in television, in movies and now in games," said Tom Stone, managing director of TT Games Publishing. "That history combined with their world class distribution muscle promises a very exciting future for all of us at TT Games."
We'll have more on the next moves from Traveller's Tales and Warner Bros. soob.