Keywords Studios: Keywords Goes To Hollywood
Edison | Jun 11, 2018 08:59AM ET
Keywords Studios Plc's (LON:KWS) acquisition of Blindlight for up to $10m gives the group the ability to apply Hollywood movie production resources to the games industry. Factoring in Blindlight and the May acquisition of Fire without Smoke, EPS is enhanced by 2% and 4% for FY18 and FY19 respectively. With the €75m revolving credit now secured, with scope to extend to €105m, the company has plenty of headroom to continue its consolidation strategy while enhancing earnings.
Adding Hollywood production capability
Based in Hollywood, US, Blindlight supports game publishers and developers by procuring talent and managing the production process for the parts of games that benefit from Hollywood production resources. Services include celebrity acquisition and rights management, game writing, music, sound design, motion capture and in particular, original voice production complementing Keyword’s well-developed audio services.
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