Entertainment software developer Eidos said today Time Warner Entertainment, a unit of media firm Time Warner, bought 10 million shares in the company, increasing its stake to 19.92 per cent.
Eidos, formerly known as SCi Entertainment Group, said Time Warner Entertainment had bought these shares on December 11th and now holds about 52.5 million shares in the company.
Eidos, the holding company of Eidos Interactive, has developed interactive video and computer games series such as Tomb Raiderand Hitman.
Eidos shares were up 3 per cent at 18 pence this morning.