Fourth Wall Studios recently received venture capital from Los Angeles billionaire Dr. Patrick Soon-Shiong to expand into an Alternate Reality Experience (ARE) production studio. The ARE studio is currently developing a massively multiplayer war game and an augmented reality game with a contemporary fantasy setting.
By Michael Andersen, originally posted at ARGNet
Last week, Fourth Wall Studios announced it received an initial $15 million round of financing from Dr. Patrick Soon-Shiong, along with access to a fund of up to $200 million through the Soon-Shiong's California Capital Equity. VentureBeat reports that the "studio will be incorporated as a new company under the same name." A number of prominent alternate reality game developers including Steve Peters, Maureen McHugh, Jay Bushman, and Jackie Turnure have announced they have joined this new company, which stakes the claim as the first Alternate Reality Entertainment (ARE) studio.
Fourth Wall Studios was founded by alternate reality gaming powerhouses Elan Lee, Sean Stewart, and Jim Stewartson after the three stepped down from 42 Entertainment. After departing 42 Entertainment, the three worked on projects including Watchmen's 6 Minutes to Midnight, Eagle Eye: Free Fall Halo 3: ODST's in-game experience Sadie's Story. In an interview with Jawbone TV, Modernista revealed Fourth Wall's involvement in the Dexter alternate reality game as well. Now, with additional funding from Soon-Shiong, Fourth Wall aims to extend these immersive storytelling techniques to mainstream audiences by enabling the interaction with fictional worlds using mobile devices, browsers, and social networks. The studio plans on developing original content and content made in partnership with top-tier creators from film, television, video games and publishing. These experiences, according to the Los Angeles Times, would be financed through sponsorships and micro-transactions.
In an interview Elan Lee conducted with the University of Washington's Hanson Hosein in October 2010, Elan Lee described three software projects that likely reflect some of what we can expect from Fourth Wall in the coming months:
The Hollywood Reporter reports that Fourth Wall's lineup of projects includes the games Shanghai, a "massively multiplayer war game," and Cathedral, a "contemporary fantasy game that will use augmented reality to transform the real world."
Recent months have seen the announcement of transmedia production companies from major players in the entertainment industry including Guillermo del Toro's Mirada and Tim Kring's Imperative. With this move, Fourth Wall Studios looks to be reshaping the conversation and taking its place as a premiere player in the world of alternate reality experiences.