Irvine, California-based Interplay Entertainment has obtained the gaming rights to Warner Bros.' hot sci-fi property, THE MATRIX. No financial terms were released, but some analysts project them to be upwards of US$8 – 10 million. Laguna Beach, California-based Shiny Entertainment has already signed to develop at least one title from Interplay's license. The first game expected to hit shelves is a 3D third person action/adventure title for the PlayStation 2. The release of the game will most likely coincide with the theatrical release of the MATRIX sequel in winter 2002.