From Games Industry Glu Mobile secures strategic investment from Time Warner
I like to see this. Big Media takes a stake in mobile content player.
Glu Mobile (formerly Sorrent, Inc. and Macrospace Ltd.), a leading creator and global publisher of mobile entertainment, today announced that Time Warner Inc. has made a strategic investment in the company's series D round of financing that was led by Granite Global Ventures in May of 2005.
Glu publishes original titles and entertainment based on major brands including Atari, Cartoon Network, FOX Sports, Nickelodeon, PopCap Games and Twentieth Century Fox.