June 19, 2005

Sony, Warner Bros. Strike Online Games Agreements

SAN FRANCISCO -- Sony Corp. and Time Warner Inc.'s gaming units announced on Friday long-term licensing deals that move development and distribution of "The Matrix Online" to Sony Online Entertainment and also give it rights to make a multiplayer game with DC Comics super heroes.
No financial terms were disclosed.

Sony Online has a portfolio of online multiplayer games, some of which attract hundreds of thousands of players. It bought rights to "The Matrix Online" as part of its deal with Warner Bros. Interactive Entertainment.

The companies also said they would work together to create a DC Comics online multiplayer game for personal computers and next-generation gaming consoles from Sony and Microsoft Corp. in the fourth quarter of 2007. DC Comics characters include Superman, Batman, Wonder Woman and Sandman.

Warner Bros. Entertainment owns DC Comics and is a subsidiary of media giant Time Warner.