Skydance Media Buys Video Game Firm Workshop Entertainment

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Santa Monica production company Skydance Media has acquired Workshop Entertainment Inc., a video game developer based in Marina del Rey, for an undisclosed amount.

The deal marks a push by Skydance to gain ground in the virtual reality space. Workshop will now become Skydance Interactive, a subsidiary of Skydance focused on creating video games and virtual reality experiences.

Peter Akemann, one of Workshop’s founders, will lead Skydance Interactive as chief executive.

“With virtual reality we see another transformation coming,” Akemann said. “These are profound technology changes that come through once a decade and I think we both see this opportunity.”

Before launching Workshop in 2008, Akemann and Workshop’s co-founders formed Treyarch, the company behind the Call of Duty franchise. The firm was acquired by Santa Monica’s Activision in 2001. “Die by the Sword”, also produced by Treyarch, was one of the earliest 3D video games when it came out in 1998.

Skydance Media produced the films “Mission Impossible: Rogue Nation,” “World War Z,” and “Star Trek Into Darkness,” among others. It raised $700 million to fund its television, feature film, and interactive businesses in March.

The company will now publish and distribute Skydance Interactive titles for virtual reality hardware including Oculus, HTC Vive and PlayStation VR.

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