Warner Bros. buys majority stake in Arkham Asylum game developer
Warner Bros. announced today it has bought a controlling stake in Rocksteady Studios, London-based developer of the Batman: Arkham Asylum video game.
Although specific financial terms weren’t released, the deal gives Warner Bros. 68.4-percent interest in the six-year-old Rocksteady.
“The biggest gap this fills is that it locks in development talent on one of our most valuable pieces of intellectual property for games: Batman,” Kevin Tsujihara, president of Warner Bros. Entertainment Group, told the Financial Times.
This is only the latest recent video-game acquisition by the entertainment giant, which in 2007 purchased LEGO franchise developer TT Games, and last year bought Snowblind Studios and the assets of the bankrupt Midway Games.
Debuting in August 2009, Batman: Arkham Asylum sold a reported 2 million copies in its first three weeks of release. To date, more than 3 million units have shipped worldwide. A sequel was announced in December.