Warner Bros. has become the first film studio to invest in an outside video game publisher, buying a 10% stake in British company Eidos for $86.8 million, according to Variety.
As part of the agreement, WB is giving Eidos the right to make games based on several of its comic book and TV properties, including Batman, the Looney Tunes characters, The OC, Legion of Super-Heroes and the Hanna-Barbera catalog.
In addition, WB's home video unit will handle all distribution operations for Eidos games in the U.S.
Warner originally considered buying Eidos outright before parties agreed to transfer a minority share.
In 2004, WB became the first studio to buy a game developer when it bought Monolith Prods., maker of the studio's unsuccessful "Matrix Online" video game.