Game industry business news

Newspaper offers cash for anti-games story

In one of the more unbelievable media twists to come in the aftermath of last week’s Byron Review, a national newspaper is offering readers ‘hundreds of pounds’ to confess that games pushed them into a life of crime. An advert encouraging readers to ‘pitch’ their story to the newspaper has …

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Original TV shows coming to 360

Microsoft has inked a deal that will result in the first original TV content produced for the Xbox 360 gaming console, according to Media Week. The partnership is with Safran Digital Group, a web-based production and distribution company that has been launched by Hollywood talent agent Peter Safran. Safran will …

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Sega to close Korean HQ

Sega Sammy has announced that it is to shut down its Korean office, as well as discontinuing the development of its entertainment complex in Japan’s second biggest city. Following a Board meeting, Sega Sammy Holdings announced: ”We determined [Sega Korea’s] dissolution for global business optimization.” According to Next-Gen.biz, Sega’s Korean …

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Capcom snaps up Tenchu developer

Capcom is to acquire Japanese studio K2 , developer of the Tenchu series of stealth games. The acquisition will be completed via an exchange of stock, with 201,720 Capcom shares to be issued to K2’s stakeholders. For the full story, visit MCV’s sister site Develop.

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UK calls on WTO to investigate Canada tax breaks

The UK’s Ministry of Culture, Media and Sport has formally started an investigation into the legality of Canada’s tax incentives for games studios. MCV sister site Develop has the full story – head over there for the full details.

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Byron: I don’t want change in retail law

Dr. Tanya Byron has rubbished media reports that her Government Review into digital entertainment recommends stricter legal penalties for UK retailers. Early national newspaper articles printed on the morning of the Review claimed that Byron had suggested ‘retailers who sell video games to anyone under the age rating on the …

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"Ken Kutaragi was my biggest inspiration"

Ken Kutaragi was amazing. In the early days we would go to Japan with business plans that we thought were aggressive. He would say: ‘You don’t understand. We are here to change the world. Your forecasts look high in the old world, but PlayStation is for everyone, not just hardcore …

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