WARNER BROS TAKES
BITE OF SCI GROUP
Copyright 2006 www.tombraiderchronicles.com
[ December 15th 2006 ]
Warner
Bros will press ahead with a £44.5 million investment
plan for 10.3% stake in SCi Entertainment Group,
owners of Eidos
plc, City
Wire reports this morning. SCi Entertainment
also reportedly agrees 11 licensing deals and
a primary distribution deal across the United
States with Warner Bros.
Based
in Wimbledon, SCi Entertainment Group Plc consists
of publishing operations across Europe and the
US and several development studios including Crystal
Dynamics, IO Interactive and Pivotal Games
as well as a valuable stake in other studios.
The Group
recently announced its core earnings had reached
28.8 million pounds ($54.58 million) in the year
to June 30, on revenue of 179.1 million and a
pre-tax profit of 8.1 million. The results to
30 June 2006 were the first full year results
following SCi's acquisition of Eidos PLC in May
2005.
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