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 …
Read More »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.
Read More »Realtime Worlds gets $50 million funding
Third round of capital sourcing headed by Maverick Capital
Read More »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.
Read More »‘Tiga needs to raise its game’
'Government is listening,' says new CEO as he reveals plan to further lobbying and skills strategy in his first interview
Read More »Capcom buys Tenchu developer K2
'Closer ties with K2 will help increase the value of the entire Capcom Group,' says firm
Read More »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 …
Read More »"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 …
Read More »MCV LEGENDS – Chris Deering
I am quite tough on myself. Never completely satisfied. Always trying to think of ways to deliver better results.” The harsh taste of soap must still haunt Chris Deering. As a child in New York, his strict, church-going Italian mother stuffed his mouth with turgid-tasting saponified fat whenever she believed …
Read More »Sony beat Facebook to Facebook
Sony’s PlayStation division was tantalisingly close to spearheading the ‘online social community’ phenomenon – beating the likes of MySpace to the idea. That’s according to former Sony Entertainment President Chris Deering, who revealed to MCV that a secret Facebook-style web networking platform was being worked on behind-the-scenes by those responsible …
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