Tag Archives: funding

Green Man secures more funding

Digital retailer Green Man Gaming has secured fresh funding from London-based venture capital firm, Eden. The investment company specialises in working with new technology companies and its portfolio includes Blinkbox, We7 and Reevoo. Ben Tompkins, partner at Eden, commented: The management team of Green Man Gaming has taken the company …

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There WILL be a Halo movie

The on-off saga of a potential movie based on the Halo franchise has been reignited once again with a very firm statement from Microsoft’s Frank O’Connor: There will be a Halo movie”. O’Connor was formerly the content manager and front-facing voice of Halo developers Bungie, though now works directly for …

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Zattikka raising more cash and targeting acquisitions

UK online-only games publisher Zattika has set out its plan to buy up rivals and raise more money. In an exclusive and candid interview set to appear in MCV later this month, CEO Tim Chaney also admits that Kongregate had been a target ahead of its purchase by GameStop, whilst …

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Zattikka raises $5.5m in funding

Online and mobile games firm Zattikka has raised $5.5 million in funding through its parent company Expedite 5. Led by Notion Capital and a group of private individuals including Harald Ludwig, co-chair of Lionsgate Entertainment, the investment will be used to bolster Zattikka’s efforts with regard to recruitment, R&D and …

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Government scraps Change4Life funding

Over a year on from the introduction of the controversial Change4Life campaign that infuriated the UK games industry by linking the playing of video games with premature death, the Government has confirmed that it is to withdraw all further funding for the project. Instead, Parliament intends to hand over funding …

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PSN problems plague Stimulus launch

A technical problem on the European arm of Sony’s PlayStation Network has prevented thousands of gamers from getting their hands on the highly anticipated Call of Duty: Modern Warfare 2 Stimulus Map Pack. Many users are having problems topping up their wallet funding on PSN meaning that if they currently …

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Activision funding Bungie development

As part of its exclusivity agreement with Bungie, Activision will be funding the development of the new IP in question and could make as much as $65m from the first game to be released. That’s the prediction of – yes, you guessed it – Michael Pachter, who claims that Bungie …

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