Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
December 4, 2021
arrowPress Releases
If you enjoy reading this site, you might also want to check out these UBM Tech sites:

SCi/Eidos Removes Warner Bros. Share Restrictions

SCi/Eidos Removes Warner Bros. Share Restrictions Exclusive

October 27, 2008 | By David Jenkins

British publisher SCi, owner of Eidos Interactive, has amended a "standstill" agreement with investor and distribution partners Warner Bros., which will allow the American company to purchase additional stock in the publisher.

The agreement had prevented Warner Bros. from acquiring any more shares in the company until January 25th, 2009 but this restriction will now be lifted on December 1st, 2008. However, Warner Bros. will still be limited to a total investment of no more than 30 percent.

Currently Warner Bros.’s stake in SCi stands at 16.13 percent, after buying 5 million additional shares earlier in the month.

In December 2006, Time Warner signed an investment and distribution agreement with SCi, gaining rights to a number of Time Warner properties, while Warner Bros. Interactive became the SCi’s primary distribution partner in North America.

Warner’s continued investment in SCi, despite largely negative financial result in recent months, has fueled speculation that the media giant is again interested in a takeover.

Related Jobs

Sucker Punch Productions
Sucker Punch Productions — Bellevue, Washington, United States

Senior Environment Artist
Sucker Punch Productions
Sucker Punch Productions — Bellevue, Washington, United States

Character Artist
Threshold Games
Threshold Games — Remote, Washington, United States

Concept Artist
Deep Silver Volition
Deep Silver Volition — Champaign, IL or Remote, Illinois, United States

Senior Technical Artist

Loading Comments

loader image