Turbine, Inc. - Investor Confirmed as Time Warner

Turbines recent $40 million investment was partly sourced from Time Warner; confirmed at Develop.

Rachel Lam, senior vice president and group managing director of Time Warner Investments, added: “Our investment in Turbine is an important addition to Time Warner's entertainment initiatives. Online interactive entertainment is a huge growth market and we are very excited about Turbine, its unique capabilities and the obvious opportunities that exist with our own broad portfolio of IP.”