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PAWTUCKET, R.I.--(BUSINESS WIRE)--March 21, 2006--The Hasbro Properties Group, the intellectual property
development arm of Hasbro, Inc. (NYSE:
HAS -
News) today announced a global
licensing deal with Glu Mobile, a leading creator and global publisher
of mobile entertainment, that will unleash the popular TRANSFORMERS
brand and characters upon the fast-growing mobile gaming market."We are excited to work with Glu to deliver the popular
TRANSFORMERS brand to the mobile phone, a platform that fits perfectly
with the lifestyles of today's consumers," said Jane Ritson-Parsons,
president of the Hasbro Properties Group. "Through Glu's expertise and
mobile gaming platform, we will be able to deliver entertainment in a
way that is relevant and meaningful for fans of all ages and
re-introduce consumers to the biggest TRANSFORMERS hero of all
time--OPTIMUS PRIME."
As part of the multi-year deal, Glu will create and distribute
games and other content for mobile phones. The first wave of titles
will be tied to the much-anticipated July 4, 2007 movie release of the
live action TRANSFORMERS film from DreamWorks and Paramount Pictures.
The film will be directed by Michael Bay from screenwriters John
Rogers and Alex Kurtzman and Roberto Orci. Lorenzo di Bonaventura, Tom
DeSanto, Don Murphy, and Ian Bryce are producing the film, with Steven
Spielberg and Hasbro's Brian Goldner executive producing.
"The TRANSFORMERS property holds a special place in the hearts of
many in the video game generation," said Jill Braff, GM of the
Americas and SVP of worldwide marketing for Glu Mobile. "We're
thrilled to be working with Hasbro, and believe that the legendary
clashes between the AUTOBOTS and DECEPTICONS will help spread the word
that with the mobile phone, there really is 'More than Meets the
Eye.'"
"As a fan since childhood, I've been waiting for the TRANSFORMERS
characters to make their way to the mobile scene," said Levi Buchanan,
IGN.com. "Considering Glu's history, I'm looking forward to seeing how
they adapt the license for mobile."
The licensing agreement with Glu Mobile is the second TRANSFORMERS
deal Hasbro has announced in recent weeks. In February, Hasbro granted
Activision, Inc. (NASDAQ:
ATVI -
News), a leading publisher of interactive
entertainment software products, the global rights, excluding Japan,
to develop console, handheld and PC games based on this brand.
Both announcements, as well as two others last month, mark
Hasbro's expansion into the digital media category following the
company's reacquisition of its digital media rights from Infogrames
Entertainment SA in June 2005.
About Glu Mobile
Glu Mobile (formerly Sorrent, Inc. and Macrospace Ltd.) is a
leading developer and global publisher of mobile entertainment. Glu's
portfolio of games, ringtones, wallpapers and information applications
include both original titles and entertainment based on major brands
including Atari, Cartoon Network, FOX Sports Interactive, PopCap
Games, Twentieth Century Fox and Celador International. Based in San
Mateo, California with offices in London and Hong Kong, Glu is funded
by top venture firms NEA, BA Venture Partners, Granite Global
Ventures, Sienna Ventures and Globespan Capital Partners, and by Time
Warner Investments.
Consumers can find fresh entertainment created exclusively for
their mobile phones wherever they see the 'g' character logo or at
www.glu.com.
GLU MOBILE, GLU, and the 'g' character logo are trademarks of Glu
Mobile. All other trademarks are the property of their respective
owners.
About the HASBRO PROPERTIES GROUP
The Hasbro Properties Group (HPG), the intellectual property
development arm of Hasbro, Inc., (NYSE:
HAS -
News), translates one of the
industry's richest portfolios of brands into a world of fun and
excitement for children and adults globally. Through a host of
publishing, digital media, lifestyle and entertainment platforms, HPG
is able to surround fans worldwide with consumer products that expand
Hasbro's core brands, such as TRANSFORMERS, LITTLEST PET SHOP, MY
LITTLE PONY, MONOPOLY, G.I. JOE, TONKA and PLAYSKOOL.
About HASBRO
Hasbro (NYSE:
HAS -
News) is a worldwide leader in children's and family
leisure time entertainment products and services, including the
design, manufacture and marketing of games and toys ranging from
traditional to high-tech. Both internationally and in the U.S., its
PLAYSKOOL, TONKA, MILTON BRADLEY, PARKER BROTHERS, TIGER and WIZARDS
OF THE COAST brands and products provide the highest quality and most
recognizable play experiences in the world.
Contact:Hasbro, Inc.
Gail Carvelli, 401-727-5318
or
MS&L PR for Hasbro
Courtney Curzi, 617-937-2552
courtney.curzi@mslpr.com
or
Alta Public Relations for Glu
Chris Clark, 415-503-3925
chris@altapr.com
Source:
Hasbro, Inc.