NBC gets into games

MCV Staff 11th June 2008 Business News

American TV giant NBC has followed contemporaries Warner Bros and Disney to stake a big claim on the games market, acquiring a controlling stake in German casual site Bigpoint for €70m ($110m).

NBC’s equity firm Peacock has teamed up with UK-based private funding firm GMT to grab a 70 per cent portion of the site (split between them) – the rest remains with 32-year-old chief executive and Bigpoint founder Heiko Hubertzwhich.

For the full story, visit MCV sister site CasualGaming.biz.

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