Sony restructures to target MMO market

President of Sony Computer Entertainment Kaz Hirai has taken charge of the company’s online business – separate to its PlayStation division – as part of a company restructuring that will sees the platform holder aggressively pursue the online gaming market. Current president of Sony Online entertainment John Smedley will report …

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Take Two tells shareholders to ignore EA bid

Take Two’s Board of directors has recommended that its stockholders ‘take no action at this time’ in response to EA’s new $2 billion tender offer. EA announced this morning that it has made an unsolicited conditional tender offer to acquire all of Take-Two’s outstanding shares of common stock for $26 …

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Sony buys Who Wants To Be a Millionaire? parent

Sony is set to buy 2Waytraffic, the independent production company that owns the rights to Who Wants to Be a Millionaire. According to BrandRepublic, the deal is valued at 137.5 million. 2Waytraffic was set up in 2004 by former Endemol executives. The firm snapped up the rights to Who Wants …

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Brash signs up Lair studio for multi-game deal

Ambitious new publisher Brash Entertainment has signed a multi-game deal with developer Factor 5 to produce titles based on movie IP. Factor 5 has worked on a mix of licence-based games in the past, such as Star Wars Rogue Squadron, and original IP including as Lair and Turrican. The studio …

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Mad Max game on the way

Another major film franchise is set to get the video games treatment: George Miller’s seminal action thriller Mad Max. The movie, which was first released back in 1979 and starred Mel Gibson, is being converted by former SCEA developer Cory Barlog – best known for his work as producer on …

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