Deals that shook the industry: 8/10

MCV Staff 25th July 2008 Publishing

The 74 million acquisition of the second biggest specialist retailer in the UK by the biggest was a mighty shock for the entire British industry – not least the MCV team, who had to deal with the breaking news on our magazine’s deadline day.

The total investment included 300,000 set aside for new stores, and an assumed working capital figure of 7.5 million.

The financial statement revealed that Gamestation’s gross assets totalled a whopping 60.9 million.

WHAT HAPPENED NEXT?

The acquisition was investigated by the Office of Fair Trading, but eventually cleared, which heralded a period of boom for GAME – including recent record full-year financial results.

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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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