Turbine Entertainment – Profile
HQ: Westwood, MA, with a development studio in Santa Monica, CA.
Management: CEO is Jeff Anderson. Prior to joining Turbine, he was the Executive in Charge of Production for Origin Systems Inc. (a subsidiary of Electronic Arts).
Investors: $30M Series B from Tudor Ventures and Columbia Capital, with previous investors Highland Capital Partners and Polaris Venture Partners. Total capital raised is approximately $48M.
Business Model: CEO Jeff Anderson lays it out nicely on the site: “We make massively multiplayer online games – or MMOG’s. These games are online three-dimensional worlds where hundreds of thousands of people from all around the world can go on exciting adventures together or just hang-out and chat. The worlds are incredibly immersive, richly detailed, and very popular. In fact, there are approximately four million MMOG subscribers today, and about one hundred thousand new subscribers added monthly.” The company claimes $10.7M in sales in 2004.
Competitors: Blizzard Entertainment
Dirt: Multiplayer online games have been in the works for ever and are very popular. But Turbine has landed a few key brands and great partners. The company is currently developing the first Lord of the Rings online role playing game, The Lord of the Rings: Middle-Earth Online with Vivendi Universal Games.