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El Segundo, CA - March 16, 2001 - R.E.D. - Representing
Entertainers & Developers, announced that eMusement, a leading
provider of 3D online entertainment, has secured a major investor
to create a new persistent online world.
While details of the deal remain closely held, it can be
disclosed it is a multimillion dollar funding agreement to
create a massively multiplayer online experience.
"I wish we could say more at this point, but when we are
able to reveal more information, this deal will mark a significant
industry milestone for independent game developers," said
Paul D. Cunningham of R.E.D., which provides professional
representation for eMusement.
eMusement was created to capitalize on the growing demand
for online entertainment content, as well as to provide an
outlet for the creative visions of the key personnel. Its
core members were key technical and creative talent in the
creation of EverQuest, the most successful massively multiplayer
online game ever with 327,000 monthly subscribers.
R.E.D. is the video game industry's leading representation
company and assists talented video game developers in securing
development agreements with publishing companies.
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