Warner Bros set to invest $18 million in Machinima

4.1

Machinima has secured $18 million in funding from Warner Brothers according to their executive vice president of strategy and business development, Thomas Gewecke. Warner Brothers released that they felt Machinima was a "pioneer and category leader" concerning YouTube while they regarded the media company as impressive as a distribution partner. The last major investment into Machinima was in 2012 when Google dumped $35 million into the company but following this Machinima failed to secure stability. The game plan following the recent Warner Brothers investment is a strategic play involving their Infinite Crisis MOBA.

Posted: Mar 12, 2014 10:10 pm
Related Forum: PC Gaming Forum

Comments

AxePosted: Thu. Mar 13, 2014

It kind of seems weird having one of the biggest movie companies wanting to invest in something that I started watching back in the day when they had no less than 60k subs.

OdinPosted: Thu. Mar 13, 2014

Pfft that is pocket change.. Seriously this is an awesome partnership!

XenoChristPosted: Thu. Mar 13, 2014

They are getting 18 million??? Jesus

MissPosted: Wed. Mar 12, 2014

I'm trying to figure out why Warner Bros would do this, especially after Google did and it failed.

MayburrryPosted: Wed. Mar 12, 2014

That's crazy, they're getting so much money.

DRPZPosted: Wed. Mar 12, 2014

Machinima is making that bank. I wish I could have someone invest money in me!

XboxPosted: Wed. Mar 12, 2014

Lets go Machinima 18million talk about ballin

-CPPosted: Wed. Mar 12, 2014

I think Warner Bros. is a little late to the party.