MCV/DEVELOP News, events, research and jobs from the games industry
Warner Bros has signed a deal with the Abu Dhabi Media Company and a property developer Aldar to develop various media ventures, including videogames, in the United Arab Emirates region.
According to Gamasutra, Warner Bros is investing $500 million in the project, which will give Warner Bros Home Entertainment the worldwide rights to publish any games created by the fund, which will include both games created with Warner Bros IP and third-party products.
“We look forward to working alongside ALDAR and the Abu Dhabi Media Company to not only create an exciting and unique cultural destination in Abu Dhabi, but to have the opportunity to extend the Warner Bros businesses and brand throughout the region,” said chairman and CEO Barry Meyer.
![Atelico AI Engine logo [Industry news] Studio Atelico Launches the First AI Engine Built to Run On-Device Inside Games](https://mcvuk.com/wp-content/uploads/Atelico_AI_Engine_logo-310x165.jpg){kind=logo}