Warner Bros., MGM invest in Kabam

Companies tighten links with games-maker

Warner Bros. Entertainment and MGM have partnered to invest in Kabam, the companies said Tuesday, tightening links between the producers of the upcoming “Hobbit” film and the maker of a popular game based on it.

Warner Bros. Home Entertainment prexy Kevin Tsujihara and MGM CEO Gary Barber will join the board of the San Francisco-based group founded in 2006.

“We look forward to added insights from Mr. Tsujihara and Mr. Barber, two media company executives at the top of their game,” said Kabam founder and CEO Kevin Chou. “Partnering with Warner Bros. and MGM is a natural fit for Kabam as we create new storylines and extensions of Hollywood studios’ intellectual properties for millions of gamers worldwide.”

The transaction follows the recent release of “The Hobbit, Kingdoms of Middle-earth,” a game co-developed by Kabam and Warner Bros. Interactive Entertainment and based on Peter Jackson’s “The Hobbit Trilogy” from New Line and MGM. First pic hits theaters Dec. 14.

Kabam and Warner are co-developing another “Hobbit” game to play on Web browsers, “The Hobbit: Armies of the Third Age,” for release early next year.

“We partnered with Kabam almost a year ago to deliver incredible games for “The Hobbit” trilogy, arguably one of the top intellectual properties in the world,” Tsujihara said. “As we worked with Kabam, it became clear that a closer, more strategic partnership made sense for us both. Kabam is a leader in the industry, and we look forward to being a part of their continued growth.”

Other Kabam titles include “The Godfather: Five Families,” “Dragons of Atlantis,” “Edgeworld” and “Kingdoms of Camelot.”

Financial details weren’t released. Kabam’s investors also include Google, Intel and venture capital firms Canaan Partners and Redpoint Ventures.

More Digital

  • netflix debt

    Netflix Now Worth More Than Comcast, Close to Surpassing Disney

    Warner Bros. Entertainment and MGM have partnered to invest in Kabam, the companies said Tuesday, tightening links between the producers of the upcoming “Hobbit” film and the maker of a popular game based on it. Warner Bros. Home Entertainment prexy Kevin Tsujihara and MGM CEO Gary Barber will join the board of the San Francisco-based […]

  • snapchat-logo

    Snapchat's Parent Launches 'Yellow' Incubator Program for Mobile-Content Creators

    Warner Bros. Entertainment and MGM have partnered to invest in Kabam, the companies said Tuesday, tightening links between the producers of the upcoming “Hobbit” film and the maker of a popular game based on it. Warner Bros. Home Entertainment prexy Kevin Tsujihara and MGM CEO Gary Barber will join the board of the San Francisco-based […]

  • airtv

    Dish's New AirTV Device Is a Connected Tuner for Free Broadcast TV

    Warner Bros. Entertainment and MGM have partnered to invest in Kabam, the companies said Tuesday, tightening links between the producers of the upcoming “Hobbit” film and the maker of a popular game based on it. Warner Bros. Home Entertainment prexy Kevin Tsujihara and MGM CEO Gary Barber will join the board of the San Francisco-based […]

  • Donald Trump

    President Trump Can't Block Twitter Users, Federal Court Rules

    Warner Bros. Entertainment and MGM have partnered to invest in Kabam, the companies said Tuesday, tightening links between the producers of the upcoming “Hobbit” film and the maker of a popular game based on it. Warner Bros. Home Entertainment prexy Kevin Tsujihara and MGM CEO Gary Barber will join the board of the San Francisco-based […]

  • Spotify logo is presented on a

    Spotify’s Class-Action Settlement Approved

    Warner Bros. Entertainment and MGM have partnered to invest in Kabam, the companies said Tuesday, tightening links between the producers of the upcoming “Hobbit” film and the maker of a popular game based on it. Warner Bros. Home Entertainment prexy Kevin Tsujihara and MGM CEO Gary Barber will join the board of the San Francisco-based […]

  • A man watches a baseball game

    The Big Gamble: Is Sports Betting Really a $7 Billion Media Windfall?

    Warner Bros. Entertainment and MGM have partnered to invest in Kabam, the companies said Tuesday, tightening links between the producers of the upcoming “Hobbit” film and the maker of a popular game based on it. Warner Bros. Home Entertainment prexy Kevin Tsujihara and MGM CEO Gary Barber will join the board of the San Francisco-based […]

More From Our Brands

Access exclusive content