Paramount Pictures Is Making A Play In Games

Paramount Pictures said it will be expanding its interactive department to publish video online games, focusing in particular on casual, handheld and mobile games. The studio, which created a new global business unit in February, is now saying it will make a multi-million investment to create games, too. Various games will take different paths, whether they are published in house, co-published or licensed to other game developers.

The article said that Paramount’s move to getting more involved in making the video games, is a trend towards ensuring quality as well as moving faster without having to wait for a publisher to become interested. It said Warner Bros. is the only other studio publishing games.

The Viacom-studio will be tapping the expertise of two industry executives: Matt Candler will be VP of interactive development, in charge of developer relations for games the studio is funding and will also help package film properties into games. He comes from Grind Games, Seven Studios, Six Studios and Activision. Luke Letizia will be exec director of interactive licensing, watching over projects that are licensed to other publishers. They’ll work with Sandi Isaacs, Paramount’s SVP of interactive and mobile, and Harry Lang, VP of interactive and mobile production.

Published by Reinout te Brake

Reinout is a games investor and strategic business consultant specializing in the games industry. Reinout established his credentials through his own successful investments, start-ups, consulting and (advisory) board positions that led through time to strong bonds with key stakeholders in this fast paced industry. He is known for his outstanding results in the gaming industry. He has worked with many game studios around the globe and is therefore well known in the international gaming industry. Check out his games podcast; https://www.game-consultant.com

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