Warner Bros invest $500m in UAE push

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. The first games to be released will be Looney Tunes: Acme Arsenal for the Xbox 360 and Duck Amuck for the Nintendo DS.

Warner Bros will also reportedly discuss further ventures such as digital distribution in the area.

“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.

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Tags: warner bros , investment , uae , $500m

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