Gaming

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…

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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…

WPP Amongst $50 Million Investors In Game Maker Realtime Worlds - 0 Comments
Posted By Robert Andrews - Mon 14 Apr 2008 05:54 AM PST

One way to start playing in in-game advertising - forget middlemen; buy a game maker. WPP has acquired a minority stake in Dundee, Scotland-based game developer Realtime Worlds for $8.1…

Bunchball Gets $4 Million in Second Round Funding - 0 Comments
Posted By Rafat Ali - Sat 12 Apr 2008 07:25 PM PST

Bunchball, a social gaming firm based in Redwood City, CA which develops services to allows third-party content sites to become more engaging for users, has received $4 million in its…

BBC Brings iPlayer To Wii; ISP Grumbles As Traffic Grows To 17.2 Million Streams, Downloads In March - 0 Comments
Posted By Robert Andrews - Wed 09 Apr 2008 05:33 AM PST

The BBC is launching a version of its iPlayer TV catch-up for Nintendo’s Wii console, the broadcaster announced with the game maker at MipTV. The service will be offered as…

Ad Industry Roundup: Google ‘Slap’; IAB; Conference Board; NYT-AfterCollege; ComScore - 0 Comments
Posted By David Kaplan - Mon 07 Apr 2008 07:27 PM PST

-- The ‘Google Slap’: positive or negative?: The debate over Google’s (NSDQ: GOOG) changes to its AdWords program continued to go back and forth last week. Bernstein Research analyst Jeffrey…

Disney Interactive Studios Buys Chinese Gaming Studio Gamestar - 0 Comments
Posted By Pearl Research - Mon 07 Apr 2008 12:14 PM PST

Disney Interactive Studios, the gaming arm of Disney (NYSE: DIS), is buying Gamestar, a Chinese independent video game software developer with locations in Shanghai and Wuhan. Gamestar has been in…

Interview: Brian Farrell, CEO, THQ: “The Rapid Growth Rate Will Resume” - 0 Comments
Posted By James Quintana Pearce - Mon 07 Apr 2008 07:44 AM PST

THQ (NSDQ: THQI) is pinning its hopes for a turnaround from a lackluster performance on a just-announced slate of 2008-2009 games. THQ CEO Brian Farrell told paidContent.org in an interview…

Broadband Content Bits: NBCU; Yahoo; Adobe-Viacom; Paramount-VooZoo - 1 Comment
Posted By Amanda Natividad - Fri 04 Apr 2008 04:40 PM PST

-- *NBCU* to offer original webisodes of its primetime shows: NBC Digital Entertainment will release original web content based on its existing primetime shows this July, Variety reports.. The webisodes,…

Nickelodeon Expands Virtual Worlds; ‘Hybrid’ Choice of Ad-Support, Paid Subs Coming In ‘09 - 4 Comments
Posted By David Kaplan - Thu 03 Apr 2008 04:46 AM PST

As Nickelodeon continues its gaming and virtual world expansion, we have some more details about the three virtual world sites now in development and plans to introduce a choice of…

Ad Industry Roundup: Job Numbers; Conde Nast; NBCU/Fox; AzoogleAds; Modernista; McDonald’s; Omnicom - 0 Comments
Posted By David Kaplan - Wed 02 Apr 2008 02:51 PM PST

-- Online jobs post first year-over-year decline: Online job vacancies posted an unusually poor showing last month, as the Conference Board said listings fell slightly by 21,200 from March 2007…

THQ Buys Online Gaming Firm Elephant Entertainment - 0 Comments
Posted By Rafat Ali - Tue 01 Apr 2008 02:47 PM PST

THQ (NSDQ: THQI), the gaming company, has bought out online and casual games firm Elephant Entertainment, for an undisclosed amount. EE is based in Minneapolis, MN, and has games such…

Paramount Pictures Is Making A Play In Games - 1 Comment
Posted By Tricia Duryee - Fri 28 Mar 2008 09:45 AM PST

Paramount Pictures said this year it will be expanding its interactive department to publish video games, focusing in particular on casual, handheld and mobile games, according to Variety. The studio,…

Electronic Arts Revises Take-Two Tender Offer; Wants Poison Pill Invalidated; Date Changed - 0 Comments
Posted By Joseph Weisenthal - Fri 28 Mar 2008 04:32 AM PST

The Sturm und Drang has given way to a chess match: Electronic Arts (NSDQ: ERTS) has updated the terms of its hostile, tender offer, two days after Take-Two rejected it,…

Take-Two Rejects EA Again As Inadequate; Adopts Poison Pill Plan While Exploring Alternatives - 1 Comment
Posted By Joseph Weisenthal - Wed 26 Mar 2008 04:14 AM PST

Once again, Take-Two says it’s rejecting EA’s $26 a share hostile offering, describing it as inadequate. This is no surprise: the firm had already rejected EA’s first offer of the…

BusinessWeek Opens Online Gaming ‘Arcade’ - 0 Comments
Posted By David Kaplan - Tue 25 Mar 2008 09:22 AM PST

In the past, BusinessWeek might have considered licensing its brand to a board game. Instead, the McGraw-Hill (NYSE: MHP) pub hopes to bring a little more fun to its website…

Gamer Playlogic Raises $7 million In Debt And Equity - 0 Comments
Posted By Joseph Weisenthal - Tue 25 Mar 2008 09:12 AM PST

Playlogic, a video game company traded on the OTC-BB, says it has raised $7 million in cash and debt. $3 million comes from a private equity placement from unidentified investors,…

Industry Moves: EA CFO Jenson Resigns In Midst of TTWO Bid - 0 Comments
Posted By Joseph Weisenthal - Mon 24 Mar 2008 07:01 AM PST

Video game maker EA has announced the surprise resignation of CFO Warren Jenson. So far, a replacement for Jenson, who has served in this role for since 2002, was not…

Updated: Guitar Hero In Court: Gibson Sues Retailers; Activision Responds; EA, Harmonix Sued - 0 Comments
Posted By Joseph Weisenthal - Fri 21 Mar 2008 10:37 AM PST

The spat between guitar maker Gibson, and Guitar Hero maker Activision (NSDQ: ATVI) escalated this week, as Gibson filed suit against several retailers in hopes of stopping the game’s sale.…

Chinese Gaming Site 9You Receives $100 Million Investment - 2 Comments
Posted By Pearl Research - Fri 21 Mar 2008 04:29 AM PST

Chinese online games operator 9You has received $100 million in equity investment from Temasek Holdings and other investment institutions. The investment came after 9You’s launch of GTown, a virtual world…