TORONTO, ON — February 23, 2011 — Toronto-based publisher Throwback Entertainment Inc. today announced that the company has completed the sale of Re-Volt™ to Seoul-based publisher We Go Interactive Co., Ltd.
The acqusition covers Throwback’s interest in Re-Volt, RC Revenge Pro and RC De Go. All titles were originally published by Acclaim Entertainment. “I am happy to announce the sale of Re-Volt to We Go Interactive.” said Thomas Maduri, chief executive officer of Throwback Entertainment.
Headquartered in Toronto, Canada, Throwback Entertainment Inc. develops, creates and publishes immersive entertainment media content and interactive entertainment. The executive management team is comprised of industry veterans from Warner Bros. Animation, Capcom, Activision, Universal, Commodore, and Midway. Collectively the team has overseen productions that have won 25 Emmy Awards and 29 Emmy nominations, and created, managed and produced blockbuster video game franchises generating more than $12 billion in revenue. In 2006, Throwback acquired 158 titles from the Acclaim library that sold 200 million units in over 35 countries and generated more than $3.5 billion in revenue. More information about Throwback Entertainment can be found online at www.throwbackentertainment.com
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