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Hasbro, Electronic Arts reach Digital Games Pact

Posted on Fri, 10 Aug 2007 04:43:01 CDT | by Luigi Lugmayr

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Hasbro, Electronic Arts reach Digital Games Pact

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NEW YORK (Reuters) - Electronic Arts Inc. and Hasbro, Inc. on Friday said they have made a licensing agreement to create electronic versions of some of Hasbro's most popular games including Monopoly, Scrabble and Yahtzee.

Under the agreement, which runs through 2013, Redwood City, California-based Electronic Arts will hold worldwide rights to create the digital games for electronic devices including mobile telephones and over the Internet.

"Our toy and game brands have been family-favorites for decades, and aligning ourselves with EA will result in broadening the reach of our brands," said Brian Goldner, Hasbro's chief operating officer, in a joint company statement.

The first games are to be launched in 2008. Financial terms of the agreement were not disclosed.
© Copyright 2007 Reuters.



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Posted on Fri, 10 Aug 2007 04:43:01 CDT | by Luigi Lugmayr

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