Game industry business news

Deals that shook the industry: 7/10

Blizzard had been shunted around the industry like a pinball before being picked up by CUC International in 1996. However, two years later, more turmoil: revelations of dodgy dealings meant CUC (now Cendant) lost 80 per cent of its stock value. Canny Vivendi’s media subsidiary Havas wasted no time at …

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Deals that shook the industry: 6/10

The coupling of the world’s biggest publisher with Peter Molenyeux and Les Edgar’s lovechild led to some of EA’s most successful PC games, not least Syndicate Wars, Theme Hospital and Dungeon Keeper. WHAT HAPPENED NEXT? In 2000, Electronic Arts merged its EA-UK offices with the Bullfrog offices in Chertsey. By …

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Deals that shook the industry: 5/10

The closest the video games industry has ever come to a real David-and-Goliath humdinger, Jane Cavanagh’s Britsoft baby SCi amazingly beat out the might of U2 loudmouth Bono’s cash when it bought fellow UK firm Eidos. Elevation Partners, run on Bono’s money and headed up by success-hungry John Riccitiello, had …

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Deals that shook the industry: 4/10

Warwickshire, UK-based Rare was one of the most successful developers of the 1990s, becoming synonymous with Nintendo for hits such as Donkey Kong 64, Banjo-Kazooie and GoldenEye. However, at Microsoft’s XO event – bizarrely, at Pierre Cardin’s house in Cannes – it was gleefully announced that Rare founders the Stamper …

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Deals that shook the industry: 3/10

Ex-Infogrames boss Bruno Bonnell’s one-man mission to buy every company worth owning in games is as impressive as it is tragic. It all started back in 1996, when the firm snapped up Ocean Software in a shock move for approximately $100 million. Philips Media BV followed in 1997. In 1998, …

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Deals that shook the industry: 2/10

The US markets woke up with a bump on Monday, December 20th, when EA announced it has snaffled a 20 per cent stake in Gallic rival Ubisoft on the French exchange. The only block of voting shares still greater than EA’s was that held by the Guillemot family, who at …

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Deals that shook the industry 1/10

Infogrames must still be kicking itself for this one. The French publisher let DMA go due to a complication with former GTA publisher BMG – and Take Two’s recently-formed Rockstar label was ready to pounce. The firm got in just in time to release Grand Theft Auto II, a well-received …

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Games Convention appoints MCV as media partner

MCV has been signed up as the official media partner for this year’s Leipzig Games Convention. A special print edition of MCV will be published on Friday, August 15th fully previewing the Leipzig event and boasting extra circulation in numerous areas around the show – including the GC Business Center …

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Miyamoto: We ARE working on new Mario

Nintendo development legend Shigeru Miyamoto has confirmed that he is overseeing the creation of new Zelda, Mario and Pimkin games. Nintendo boss Saturo Iwata kicked off a fanboy frenzy at E3, when he stated that the company’s internal teams were hard at work on new iterations in all three classic …

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Sony promises Leipzig blockbuster

After a solid but unspectacular E3 outing, Sony now plans to dominate proceedings at Leipzig as it concentrates on splitting its key announcements across E3, Games Convention and the Tokyo Games Show. At an exclusive European media briefing, SCEE president David Reeves told MCV that global announcements and ‘blockbuster’ revelations …

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