Gaming

Earnings: Activision FY08, Revs Up 92 Percent, Income Quadruples - 0 Comments
Posted By James Quintana Pearce - Thu 08 May 2008 02:47 PM PST

Activision (NSDQ: ATVI) has reported its full year results, as well as its results for the first three months of this year. For the 12 months ending March 31st net…

RealNetworks’s Games Spinoff: Its Recent Games History, in Links - 0 Comments
Posted By Rafat Ali - Thu 08 May 2008 01:41 PM PST

Some chronological links about the history of RealNetworks’ (NSDQ: RNWK) games business, which it has been building over the last two years: -- RealNetworks Doesn’t Buy Scrabulous; Launches Own Version…

RealNetworks To Spin Off Its Game Business; May Do An IPO Of The New Company - 1 Comment
Posted By Rafat Ali - Thu 08 May 2008 01:23 PM PST

Here’s a shocker: RealNetworks (NSDQ: RNWK) is finally doing the rationalization of its business lines: it will separate its global casual games business into an independent company and distribute…

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Entertainment Ad Net Giant Realm Gets $2 Million Funding, Closes First Round With $5.5 Million - 0 Comments
Posted By David Kaplan - Wed 07 May 2008 09:01 PM PST

Video game vertical ad net GiantRealm has raised $2 million from Softbank for a total first round of $5.5 million, the company says. This latest infusion comes about two months…

Earnings: THQ Bombs, $35.3 Million Loss For ‘08 - 0 Comments
Posted By James Quintana Pearce - Tue 06 May 2008 01:44 PM PST

THQ reported net $1,030.5 million for the 12 months ending March 31 2008, a slight increase on the $1,026.9 million in sales the previous year (and the companies 13th consecutive…

Music Bits: Grand Theft Auto’s Easy Button; WMG’s Dynamic-Pricing Test; Sony BMG-EMI-Amazon - 0 Comments
Posted By Staci D. Kramer - Tue 06 May 2008 08:45 AM PST

Music and games have proven a potent combo, particularly when it comes to download sales. Last week, Viacom (NYSE: VIA) announced 1Q earnings considerably boosted by the holiday ‘07 release…

Online Golf Site World Golf Tour Raises “Double Digit” Millions - 0 Comments
Posted By Rafat Ali - Fri 02 May 2008 11:50 AM PST

World Golf Tour, the online golf gaming environment, has received an undisclosed amount of funding from Panorama Capital, in its second round. Previous investor Battery Ventures also participated. VentureBeat puts…

Game Community Kongregate Gets $3 Million From Bezos Expeditions - 1 Comment
Posted By Joseph Weisenthal - Thu 01 May 2008 05:38 AM PST

Kongregate, the SF-based game community, has raised $3 million from Jeff Bezos’ Bezos Expeditions. The company, which allows developers to create and distribute their own games, says the funding will…

Majority Sharehholder Infogrames Buys Rest of Atari For $11 Million - 0 Comments
Posted By Rafat Ali - Wed 30 Apr 2008 08:33 PM PST

Not that this is a surprise: Atari’s biggest shareholder Infogrames, the French video games company, has bought the struggling company after its non-binding offer earlier in March. The cost for…

MMO Developer Turbine Raises $25 Million Of $40 Million Third Round - 0 Comments
Posted By Joseph Weisenthal - Wed 30 Apr 2008 09:54 AM PST

Turbine, a developer of MMO games, has raised $25 million of a planned $40 million third round report peHUB. The Westwood, MA-based company has now raised over $90 million. Investors…

@ EconSM: MTVN’s Social Media Challenge: Growing Digital Revenues - 0 Comments
Posted By David Kaplan - Tue 29 Apr 2008 10:26 AM PST

Alluding to Viacom’s (NYSE: VIA) decision to pass on buying MySpace, Staci D. Kramer, co-editor/EVP for paidContent parent ContentNext Media, asked a panel of MTV Network executives about missed opportunities…

Game Community Site GamerDNA Acquires It Can Talk, Parent Of XBox Site - 0 Comments
Posted By Joseph Weisenthal - Mon 28 Apr 2008 10:45 AM PST

GamerDNA, the community site for online gamers, has acquired It Can Talk, parent of 360Voice, which targets XBox users. GamerDNA (fka GuildCafe) recently raised $3 million. A notable feature of…

Earnings: Sohu Q1 Revs up 156 Percent; Stock Spikes - 0 Comments
Posted By Joseph Weisenthal - Mon 28 Apr 2008 07:14 AM PST

Baidu (NSDQ: BIDU) last week, and now Sohu (NSDQ: SOHU), it’s a good time to be a Chinese internet firm: the provider of search, games and mobile services reported Q1…

Gamer SCI Raises $119 Million From Warner Bros., Property Investor Tchenguiz - 0 Comments
Posted By Joseph Weisenthal - Fri 25 Apr 2008 09:06 AM PST

Turns out that earlier reports of London-traded game developer SCi selling a major chunk to NBCU were false: Instead, the company has announced a $119 million (£60 million) raise from…

Play Hard Sports Raises $5 Million First Round For Casual Online Sports Games - 0 Comments
Posted By Joseph Weisenthal - Wed 23 Apr 2008 11:42 AM PST

Play Hard Sports, a start-up games studio with a casual sports bent, has raised a $5 million first round from New Enterprise Associates. The Foxboro, MA-based company argues that by…

Chinese Firm The9 Invests $38 Million in Korean Firm G10 Entertainment - 1 Comment
Posted By Pearl Research - Wed 23 Apr 2008 07:55 AM PST

The smaller number invests in the bigger number: The9 (Nasdaq: NCTY), an online game operator in China, has made an equity investment in G10 Entertainment, a game developer in Korea.…

Industry Moves: Second Life Parent Appoints Former Organic CEO as Its New CEO - 1 Comment
Posted By Rafat Ali - Tue 22 Apr 2008 06:23 PM PST

Linden Lab, the parent company of Second Life, has appointed a big name CEO: Mark Kingdon, till now the CEO of Omnicom digital agency Organic, is stepping down to come…

Marvel Boosts Its New Media Strategy; Sony Vet Rubenstein Will Lead Global Digital Media Group - 2 Comments
Posted By Staci D. Kramer - Tue 22 Apr 2008 03:30 PM PST

Last fall, Marvel Entertainment (NYSE: MVL) started to put its deep comics library online. Now it’s making a push to boost its digital media overall, now calling it the Marvel…

Korean Social Gamer Nurien Software Raises $15 Million First Round - 0 Comments
Posted By Joseph Weisenthal - Tue 22 Apr 2008 11:19 AM PST

Nurien Software, a social gaming service based in Korea, has raised a $15 million first round from Northern Light Venture Capital (NLVC), Globespan Capital Partners, New Enterprise Associates (NEA), and…

Sony Delays PlayStation Home Again; Open Beta For Community Now Planned This Fall - 0 Comments
Posted By Staci D. Kramer - Tue 22 Apr 2008 06:06 AM PST

Expected this spring after an earlier delay, PlayStation Home is still not move-in ready. The real-time 3D community for PS3 consoles will stay in closed beta, although that will…

Social Net GamerDNA Raises $3 Million First Round; Changes Name From GuildCafe - 0 Comments
Posted By Joseph Weisenthal - Fri 18 Apr 2008 11:56 AM PST

GamerDNA, a kind of social net for gamers, has raised a $3 million first round Flybridge Capital Partners. The site, which was formerly known as GuildCafe, had previously raised $600,000…

MTV’s Rock Band Video Game Preps Full Album Download Sales - 1 Comment
Posted By David Kaplan - Fri 18 Apr 2008 10:11 AM PST

Having proved that it can sell individual song downloads in the millions after only five months in operation, MTVN’s (NYSE: VIA) Rock Band video game will begin selling full-length albums…

Updated: Electronic Arts Extends Offer As Take-Two Shareholders Back Their Board - 0 Comments
Posted By Joseph Weisenthal - Fri 18 Apr 2008 05:13 AM PST

Electronic Arts (NSDQ: ERTS) has extended its offer to buy rival gamer Take-Two to May 16th, following a series of new developments… the first came yesterday morning, when EA reports…

NBCU May Become Major Shareholder of Lara Croft Publisher: Report - 0 Comments
Posted By Rafat Ali - Thu 17 Apr 2008 09:16 PM PST

SCi Entertainment, the LSE-traded games publisher that owns the popular Lara Croft Tomb Raider franchise, is close to finalizing a $100 million issue, and NBC Universal (NYSE: GE) could become…

Vivendi Games-Activision Merger Approved By EC; Claims Of ‘Unfair’ Music Competition Brushed Aside - 0 Comments
Posted By Robert Andrews - Wed 16 Apr 2008 08:33 AM PST

The European Commission has cleared the $18.9 billion merger of Activision (NSDQ: ATVI) and Vivendi’s (EPA: VIV) games unit on several anti-trust grounds. The EC began a routine investigation in…