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Studios invest in social gaming company Kabam

Written by Andre Yoskowitz @ 12 Dec 2012 12:15 User comments (4)

Warner Bros Entertainment and MGM Studios have partnered to invest significantly in the social and mobile gaming company Kabam.

Kabam is best known for its mobile strategy game "Kingdoms of Camelot" and its MMORPG "Dragons of Atlantis."

The company was founded in 2006 and focuses on "mid-core" games, a step above games like "FarmVille" but obviously below games like "Call of Duty."

Execs from each studio will join as board members for the private company.

Each studio has been moving into digital and gaming worlds over the years, as a way to supplement movie revenues.

Tags: gaming Investment Warner Bros mgm kabam

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4 user comments

112.12.2012 04:07

Red_Forman

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Junior Member

Hollywood, proving once again how old and out of touch they are.

212.12.2012 11:35

cart0181

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I'm curious how one can start out to make a "mid-core" game. Do you go into it saying, "I'm going to make a game that is at least better than Bejeweled, but I'm not going to make it very good. I'll just stop before I make a really good game."

312.12.2012 13:47

SomeBozo

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Originally posted by cart0181:
I'm curious how one can start out to make a "mid-core" game.

I think to quote from the article...

Quote:
Each studio has been moving into digital and gaming worlds over the years, as a way to supplement movie revenues.

I think if this is the B.S. the movie companies are gonna do, it should really read "as the movie companies look for ways to spend movie revenues..."

Nice to see the movie industries are looking to give back to the community ;)

413.12.2012 06:20

xboxdvl2

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soulds to me like movie studios found out there is money making involved in computer games and wanna cash in.

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Studios invest in social gaming company Kabam

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