Hearst Corporation makes equity investment in Spooky Cool Labs

Giant media company Heart Corporation announced today that it made a minority equity investment in social-mobile game developer Spooky Cool Labs. The financial terms of the investment were not disclosed.

Spooky Cool Labs recently released its first social game The Wizard of Oz based on Warner Bros.’ iconic film. The Wizard of Oz is a 3-D  citybuilding game that takes full advantage of the licensing deal Spooky Cool Labs made with Warner Bros.; featuring the film’s characters, music and likenesses, including the likeness of Judy Garland’s (Dorothy), Margret Hamilton (the Wicked Witch of the West) and others.

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