Warner Bros. Picks Up Rocksteady Stake

BURBANK: Bolstering its interactive entertainment portfolio, Warner Bros. Home Entertainment Group is taking a majority stake in Rocksteady Studios, which develops video games for teens and adults.

Founded in London in 2004, Rocksteady has developed a name for itself as the publisher of action-adventure video games. Its Batman: Arkham Asylum title has sold over three million units worldwide since its launch last year.

“We are currently working with Rocksteady on the sequel to Batman: Arkham Asylum and look forward to bringing the continuation of the franchise to fans worldwide,” said Kevin Tsujihara, the president of Warner Bros. Home Entertainment Group. “Rocksteady demonstrated its professionalism and extraordinary development abilities with Batman: Arkham Asylum. This arrangement is a great strategic fit and we are very pleased to solidify our relationship with this talented development team.”

“We are delighted to be deepening our relationship with London-based Rocksteady Studios, one of the U.K.’s most respected games developers and 2009 recipient of the VGA’s coveted ‘studio of the year’ award,” added Josh Berger, the president and managing director of Warner Bros. UK. “Rocksteady clearly has the talent, expertise and technology to make great games and we are fortunate to continue working closely with them as we further expand our games portfolio.”