Rumor: Warner Bros-Turbine deal worth $160 million
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The surprising news that Warner Bros. has acquired Turbine just might have a price tag now, if rumors are correct. While financial details of the deal were not disclosed when the news broke earlier this week, Boston.com notes that "a source close to the negotiations" values the deal at up to $160 million. Reportedly, that amount also includes "sums to be paid to Turbine shareholders in future years if the company meets certain financial targets."
It's unknown what those targets are, but it's worth noting that Dungeons & Dragons Online received a sizable shot in the arm when it went free-to-play last year. In fact, Turbine's Jim Crowley noted that the game now hosts over 1 million players, though he didn't elaborate on how many are paying customers.
The article also notes that the acquisition gives Warner Bros. the complete rights to the Lord of the Rings universe, as Turbine owns the rights for online games, while WB already had the offline rights. However, Warner Bros. Interactive Entertainment president Martin Tremblay expects more than Lord of the Rings games from Turbine in the future. According to Tremblay, WBIE hopes to open its online games platform to "much more new product" in the future.
[Via Big Download]
Reader Comments (9)
Posted: Apr 23rd 2010 12:42AM Dr Blight said
With all these crazy acquisitions, it feels like it's time for Microsoft to buy a developer for too much money. I'm thinking Robomodo for 250 million. ;)
Posted: Apr 23rd 2010 1:29AM Mortuvir said
It seems Warner Bros can see that mmo's can be put in cash cow stables. Wise
Posted: Apr 30th 2010 2:11AM Mortuvir said
As long both companies can keep the boundries of " I declare that our mmo will kill WoW once and for all." then they're fine.
Posted: Apr 23rd 2010 1:38AM Zorque said
I should go back and give the game another shot. Me and some friends were going to play it but it always fell through, so it got a little old doing quests by myself all the time. Still, it's a pretty innovative game in general, and especially among MMOs. I'm glad they're doing so well, I hope nothing changes for the worse.
Posted: Apr 23rd 2010 2:44AM KentuckyFrydCow28 said
Hopefully Lord of the Rings Online goes f2p too.
I loved exploring Middle Earth during the Beta so long ago.
I loved exploring Middle Earth during the Beta so long ago.
Posted: Apr 23rd 2010 3:44PM JCDoe said
Dunno what free to play D&D MMO you played, but I've played it and its fun.
You need to like D&D though, because the mechanics are pretty faithful to D&D 3.5 rules. And you /absolutely/ need to learn to play well with others early on, because just like pen and paper D&D, DD) isn't meant to be played solo.
But if you're cool with that, then DDO offers shiny graphics, a bazillion quests, a great random loot generator, and some very well designed dungeons.
And its free, so who can complain?
You need to like D&D though, because the mechanics are pretty faithful to D&D 3.5 rules. And you /absolutely/ need to learn to play well with others early on, because just like pen and paper D&D, DD) isn't meant to be played solo.
But if you're cool with that, then DDO offers shiny graphics, a bazillion quests, a great random loot generator, and some very well designed dungeons.
And its free, so who can complain?
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