Streamland Media Inc., a Burbank-based post-production house, has a new subsidiary. 

The gaming division of Formosa Group under Streamland Media, known as Formosa Interactive, has spun off as Arrival to focus on game development.

Paul Lipson, an industry veteran who has held senior positions at Formosa Group and Xbox Game Studios, will lead the company to provide end-to-end audio, creative services and co-development solutions for gaming franchises.

“The opening of Arrival is a definitive step in our commitment to the future of interactive storytelling,” Bill Romeo, chief executive of Streamland Media, said in a statement. “We recognize that the gaming industry requires a specialized partner that can scale with the increasing complexity and creative demands of modern development.”

Lipson added that he was “incredibly honored to lead our talented global team as we embark on this new chapter … We are here to help publishers and developers reach new frontiers in immersion and player experience.”

Games and Hollywood

L.A.’s entertainment industry has been in flux over the last couple of years. Hollywood studios have been producing fewer movies and shows following double strikes held by Writers Guild of America and Screen Actors Guild–American Federation of Television and Radio Artists, which ended in 2023.

Many studios have turned to the gaming industry for stories to produce on the big screen.

Intellectual properties from popular games have seen a surge of success in Hollywood, with Jared Hess’ “A Minecraft Movie” grossing about $163 million domestically in its 2025 debut, the highest ever for a game-to-film adaptation. A slew of similar adaptations will soon follow suit in the next few years, including “Return to Silent Hill,” “The Super Mario Galaxy Movie,” “The Legend of Zelda” and Zach Cregger’s new reboot of “Resident Evil.”

TV adaptations such as “The Last of US,” based on a video game franchise by Santa Monica-based Naughty Dog and aired on Warner Bros. Discovery’s HBO, also won critical acclaim accolades, including multiple Primetime Creative Arts Emmy Awards. Kilter Films and Amazon MGM Studios’ “Fallout” adaptation also won The Game Award for Best Adaptation in 2024.

“There’s a clear gap in the market for video game adaptations to take advantage of,” Screenrant’s Jack Walters wrote.

 Arrival sees a potential for change.

“We’re seeing a true massive convergence now where gaming, IP and world building is standing across all screens,” Lipson said, “Hollywood is transforming itself to start embracing these new screens.”

“This is a major inflection point for Hollywood where they’re now embracing a combination of big tech intelligence and incredible traditional Hollywood storytelling,” he added. “(Arrival) is there to address this convergence point.”