Deals that shook the industry: 2/10

MCV Staff 25th July 2008 Publishing

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 the time controlled 28 per cent.

The Wall Street Journal estimated the acquisition cost EA between $85 and $100 million.

A Ubisoft rep told Reuters: Pending further information, we consider this operation as hostile.” Sound familiar, Take Two?

WHAT HAPPENED NEXT?

In August 2007, Electronic Arts upped its stake in Ubisoft to 24.86 per cent – or 6.99 million shares. And some say the company is keen to go even further still once the small matter of Take Two is all taken care of…

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[Industry news] Pacific Standard Creative Launches as New Division of Pacific Standard Sound, Merging World-Class Film, Television, and Video Game Capabilities

Pacific Standard Sound (PSS), the award-winning sound design and full service post production and sound company whose work spans some of entertainment's most iconic properties, today announced the launch of Pacific Standard Creative (PSC), a new division purpose-built to serve the evolving storytelling and production needs of video game development studios, advertising agencies, trailer houses, and independent productions who demand world-class sound without compromise. Pacific Standard Creative will be helmed by industry veteran Eric Marks, who brings more than a decade of audio and engineering leadership, as well as two years as the Vice President of the Motion Picture Sound Editors (MPSE).

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