claim: SpongeBob SquarePants is an American media franchise.
evidence: Perfect World -LRB- ; formerly 完美时空 -RRB- is a China-based video game company specializing in MMORPGs .. China. China. Perfect World was founded in 2004 by Chi Yufeng , the president of Human Software Corporation .. The company aims to develop and market games with Chinese characteristics .. The company 's initial public offering on the Nasdaq was completed in July , 2007 .. initial public offering. initial public offering. Nasdaq. Nasdaq. Perfect World is parent to Seattle-based game developer Runic Games .. Runic Games. Runic Games. In 2009 , Perfect World entered into an agreement to publish Torchlight , an action-RPG in production by Runic Games worldwide and later bought a majority stake in Runic Games .. Runic Games. Runic Games. Torchlight. Torchlight. On May 31 , 2011 , it was announced that Perfect World had acquired Cryptic Studios from Atari for over $ 50 million .. Cryptic Studios. Cryptic Studios. Atari. Atari. The company will acquire Antaeus Cinema Line .. Antaeus Cinema Line. Antaeus Cinema Line