Warner Bros. and MGM have announced that they will invest an undisclosed amount in Kabam. Warner Bros. Entertainment president Kevin Tsujihara and MGM chairman and CEO Gary Barber will join the Kabam Board of Directors as member and observer, respectively.

“Partnering with Warner Bros. and MGM is a natural fit for Kabam as we create new story lines and extensions of Hollywood studios’ intellectual properties for millions of gamers worldwide,” said Kabam Co-Founder and CEO Kevin Chou. “Either Kevin Tsujihara or Gary Barber would be a tremendous addition to any growing entertainment company’s board,” Mr. Chou continued. “To have both is a boon to Kabam.”

“We partnered with Kabam almost a year ago to deliver incredible games for The Hobbit trilogy, arguably one of the top intellectual properties in the world,” said Mr. Tsujihara. “As we worked with Kabam, it became clear that a closer, more strategic partnership made sense for us both. Kabam is a leader in the industry and we look forward to being a part of their continued growth.”