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Warner Bros. Home Entertainment Group Acquires TT Games

Warner Bros. Home Entertainment Group has entered into an agreement to acquire TT Games, which encompasses Traveller's Tales, one of the world's largest independent game developers, and TT Games Publishing, the UK-based game publisher behind the LEGO Star Wars videogames, "Bionicle Heroes" and many others.

TT Games was formed in 2005 with the merger of the developer Traveller's Tales and publisher Giant Interactive Entertainment. Traveller's Tales has been making games for more than 18 years, with over 42 million copies sold to date across all major platforms. The first title to be published by TT Games was the award-winning "LEGO Star Wars: The Videogame", which sold more than six million units worldwide.

In addition to the hugely successful "LEGO Stars Wars: The Videogame", which was published in 2005, TT Games released the BAFTA Award-winning "LEGO Star Wars 2: The Original Trilogy" in September 2006, which also sold more than six million units worldwide, and this week they released "LEGO Star Wars: The Complete Saga". TT Games holds the worldwide rights to develop LEGO video games. Other titles in development include "LEGO Batman: The Videogame" and "LEGO Indiana Jones." TT Games also holds the video game development and publishing rights to "The Guinness World Records" book.

TT Games has two primary operations: game development, which continues to be known as Traveller's Tales, and publishing, which is known as TT Games Publishing.

TT Games will continue to manage its existing relationships with LEGO, LucasArts, and Guinness World Records.

The closing of the acquisition is subject to the fulfillment of customary terms and conditions, including regulatory approval.

Warner Bros. Home Entertainment Group (WBHEG) develops games through its games division, Warner Bros. Interactive Entertainment (WBIE), bringing both internal and external development resources to create quality gaming experiences based on the extensive brands of Warner Bros. Entertainment as well as original intellectual property to reach the ever-growing spectrum of gamers. In 2007, WBIE published "300: March To Glory" on PSP, and "Looney Tunes: ACME Arsenal" for the 360, Wii and PS2, as well as its NDS companion "Looney Tunes: Duck Amuck."

WBIE will publish "LEGO Batman: The Videogame" worldwide in 2008, as well as "Speed Racer: The Videogame", based on the feature film produced by Joel Silver and directed by the Wachowski brothers, and "Project Origin", the much anticipated sequel to the hit game "F.E.A.R" by Monolith Productions. As a licensor, WBIE continues to work with the industry leaders, Electronic Arts, Midway, Eidos and others on select properties.



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