Financial Times FT.com

Warner Bros focuses on video games

By Matthew Garrahan

Published: February 4 2009 22:20 | Last updated: February 4 2009 22:20

Warner Brothers Entertainment, the Hollywood studio owned by Time Warner, is bolstering its presence in video games with the acquisition of Snowblind Studios, a Seattle-based developer.

The deal comes as traditional home entertainment groups are moving to reposition themselves amid an industry-wide slump in DVD sales. Warner Bros has amassed a 20 per cent stake in Eidos, the UK company behind the Tomb Raider and Hitman franchises.

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