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Red Eagle announces video game studio
Entry posted by Guest Jason
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Red Eagle has announced the launch of Red Eagle Games, a video game studio intending to produce several Wheel of Time based games. Here's the press release we received:
New Publisher Red Eagle Games Announces
Plans for Wheel of Time Games
Complete Console Line-Up and MMORPG
Based on Robert Jordan’s Fantasy Series in the Works
Los Angeles, Calif.—Nov. 12, 2008— Red Eagle Games is bursting on to the digital-entertainment scene, launching its new Los Angeles based videogame publishing studio with the rights to one of the most popular and beloved fantasy epics of all times—Robert Jordan’s
The Wheel of Time
series.
A
Wheel of Time
feature-film production is planned with Red Eagle Entertainment’s executives Rick Selvage and Larry Mondragon as producers, and now Red Eagle is unveiling plans to bring Jordan’s fantasy universe to life via two distinct lines of interactive entertainment.
A line of stand-alone
Wheel of Time games is planned for release on all major videogame platforms, including consoles, personal computers, handheld systems and wireless devices. In addition, Red Eagle will launch and operate a massively multiplayer online role-playing game encompassing the themes, characters and world of the
Wheel of Time
novels.
The rich details of Jordan’s meticulously crafted series have captivated readers since 1990, when The Eye of the World, the first book in the series, was published. Eleven additional books, including one prequel, have since been added to the series and have consistently appeared on the
New York Times Bestseller List with the last four of his novels in the series debuting at No. 1. Jordan passed away in 2007 at the age of 58, but a final book,
A Memory of Light
, will be finished by fantasy writer Brandon Sanderson using notes and a partial draft left with Jordan’s wife and editor, Harriet Rigney, and is expected to be published in fall 2009 by Tor Books.
"I am confident in Red Eagle Games' ability to capture the timeless appeal of
The Wheel of Time story as they adapt its characters and themes into this new electronic medium," Rigney said. "I expect fans of the series will be delighted by these new interactive additions to the
Wheel of Time
universe."
Jordan’s wildly popular books have been translated into 24 languages, and have sold about 44 million copies worldwide. In addition, the series has a vast global on-line community of tens of thousands of dedicated fan Web sites.
"There are few properties as well-loved and influential as Robert Jordan's
Wheel of Time series," said Rick Selvage, chairman and president of Red Eagle Entertainment. "
The Wheel of Time
books have captured the imagination of millions of readers around the world, and we expect our interactive recreations of Jordan’s complex universe to garner a similar level of devotion and enthusiasm."
About Red Eagle Entertainment
Red Eagle Entertainment is a Malibu production company with a focus on adapting Robert Jordan's celebrated fantasy epic "
The Wheel of Time
" into high-quality filmed entertainment and interactive video games. Founded in 2003 by Rick Selvage and Larry Mondragon, Red Eagle Entertainment is producing a live-action motion picture based upon the "The Eye of the World," the first novel in The Wheel of Time series. In addition, Red Eagle Entertainment is the driving force behind the recent launch of Red Eagle Games, a new video game studio undertaking the transformation of Jordan's literary masterpiece into video games for the personal computer, game consoles, mobile and wireless devices, and online play.
Also, in case you missed it, we conducted with Red Eagle about the Update[/b]:
In addition to the press release above, a number of other websites have reported on the news.
Gamasutra has some more information related to the gaming studio and the WoT films. Here's an excerpt from the article:
"We’ve got a huge running start with this property," says Selvage, according to a report from VC news weblog VentureBeat. "We expect to have a game based on every movie, and we expect no less than three movies, though that depends on how well each does."
Though Red Eagle Entertainment expects to spend hundreds of millions of dollars on the films and games, the company has not yet started raising money for Red Eagle Games. Selvage, however, believes that investors will see the rights to the series as valuable.
Another article on the VentureBeat Digital Media website has an exclusive report surrounding an interview with Rick Selvage, Red Eagle's president. Here's an excerpt:
Between the films and the games, the companies are expecting to spend hundreds of millions of dollars on the entertainment property. While the movie financing is in place, Selvage said he is just beginning the process of raising money for the game studio. That could prove difficult, but he said he has already received an enthusiastic reaction, largely because the rights to the series are considered so valuable.
As more info becomes available, we'll post it here in our News section.
In order to facilitate better discussion of all topics related to Red Eagle and their various projects, the Dragonmount staff has setup here.
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