CONNECT WITH US
Gaming

Gaming

Paramount Games Studio and WB Games merge under Skydance following completion of $111bn acquisition

GamesIndustry.biz logo

Published on

Add as a preferred source on Google
Paramount Games Studio and WB Games merge under Skydance following completion of $111bn acquisition

Combined games unit will be led by Paramount Game Studio president Tony Driscoll

Paramount Games Studio and Warner Bros. Games will merge into one unit under Skydance overseen by Tony Driscoll.

Earlier today, Paramount completed its $111 billion acquisition of WBD, resulting in both companies operating under the name Skydance.

The initial announcement did not refer to its video game divisions. However, in a memo obtained by Variety, Skydance president Andy Gordon announced that Paramount and WBD's games and experiences divisions will merge to oversee projects based on both companies' IP.

Driscoll, president of Paramount Games Studio, will also lead games and experiences, in addition to heading corporate strategy and development at Skydance.

"We're investing in our future growth engines alongside our core ambitions in TV, Film and direct-to-consumer: Games, Experiences, Consumer Products, and Publishing," said Gordon.

"These are core pillars of our strategy to build engagement and fandom in both the physical and digital worlds. We want to meet consumers where they watch, play, and engage. At the same time, we see opportunities to build on DC Comics' storytelling and expand our e-commerce offerings to connect fans with the brands they love."

Paramount Games Studio was established this summer and is led by EVP and head of games Dan Prigg. The studio combines Paramount's IP with Skydance Interactive and Skydance New Media.

biz . "They weren't doing any internal development. They weren't really doing much in terms of co-development and publishing.



Source link
Related Topics:Gaming

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.