Warner Bros. Home Entertainment Group announced that it will acquire TT Games. This agreement encompasses developer Traveller's Tales and U.K. publisher TT Games Publishing. TT Games has developed the successful Lego Stars Wars and Lego Star Wars 2: The Original Trilogy (both of which sold over six million copies worldwide) and is currently developing Lego Batman and Lego Indiana Jones.

TT Games holds the worldwide rights to develop Lego video games and will continue to manage its existing relationships with Lego, LucasArts, and Guinness World Records.

"TT Games is very successful and respected in the game development and publishing world," said Barry Meyer, chairman and CEO of Warner Bros. "They are a great fit for us and the right next step for Warner Bros. as we grow into a significant presence in the games space."

"TT Games is the leading video game developer for young gamers and their families," said Kevin Tsujihara, president of Warner Bros. Home Entertainment Group. "The expertise that TT Games brings to Warner Bros. is a great match with our brands as well as an opportunity to effectively leverage our existing global infrastructure."

"After 18 years in the video games industry, the opportunity to become a meaningful part of the world's leading entertainment company is the fulfillment of a dream," said Jon Burton, managing director of Traveller's Tales. "Now that we are part of Warner Bros., I think it's safe to say we are exactly where we want to be."

"Warner Bros. has an extraordinary track record in nurturing and developing intellectual property in television, in movies and now in games," said Tom Stone, managing director of TT Games Publishing. "That history combined with their world class distribution muscle promises a very exciting future for all of us at TT Games."