Warner Bros. Home Entertainment Group has entered into an agreement to acquire TT Games, which encompasses Traveller’s Tales, developer of the smash hit video-game franchise LEGO Star Wars. The company also houses UK-based TT Games Publishing, which also handles BIONICLE Heroes and other successful games.
TT Games grew out of the 2005 merger of Traveller’s Tales and publisher Giant Interactive Entertainment. Traveller’s Tales has been making games longer than 18 years, with more than 42 million copies sold to date across all major platforms. LEGO Star Wars: The Videogame, the first title to be published by TT Games, has sold more than six million units to date. The BAFTA Award-winning LEGO Star Wars 2: The Original Trilogy shipped in September of 2006, followed by this week’s release of LEGO Star Wars: The Complete Saga. TT Games holds the worldwide rights to develop LEGO video games and is developing LEGO Batman: The Videogame and LEGO Indiana Jones.
‘TT Games is very successful and respected in the game development and publishing world,’ says 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.’
Kevin Tsujihara, president of Warner Bros. Home Entertainment Group, adds, ‘TT Games will become the cornerstone of our Home Entertainment Group’s family-focused games strategy. This is a great marriage and Warner Bros. will enthusiastically encourage the ongoing growth and development of TT Games.’
The closing of the acquisition is subject to the fulfillment of customary terms and conditions, including regulatory approval. TT Games will continue to manage its existing relationships with LEGO, LucasArts, and Guinness World Records as a subsidiary of Warner Bros.
