Source: Gamesutra
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Officials from the newly formed Brash Entertainment have announced that the company has received a total of $400 million in funding from a group of equity investors lead by ABRY Partners and also including New York Life Capital Partners, Northwestern Mutual Life Insurance and PPM America Private Equity Fund.
The company was first reported in March, promising a new business model which would improve the synergy between video games and Hollywood. Headquartered in Los Angeles, with offices in Atlanta, the company plans to produce primarily licensed video game products from movie releases, television and music properties.