1UP was officially purchased by Hearst only a short while ago, and already ramifications are being felt among its core staff. Remember how Ziff Davis CEO Jason Young said that “many” employees would become part of the new UGO/1UP team? Turns out I was (unfortunately) right; that was just polite corporate talk, as—so far—more than [...]
Continue reading...Tuesday, January 6, 2009
Rumors have circulated about UGO purchasing the 1UP network for a few weeks now, but moments ago it all became official. As of today, Ziff Davis has completed the sale of 1UP.com, MyCheats.com, GameVideos.com, and GameTab.com to UGO Entertainment and their parent company, the Hearst Corporation. "Since we started UGO 11 years ago, we have served [...]
Continue reading...Tuesday, December 9, 2008
Seriously, is it safe to claim Phil Harrison is a witch yet? I can think of no other way he could have possibly made Atari so much better in the short time he's been there. First he gets Atari a couple of big games that lost their publishers, and now he goes and gets Cryptic [...]
Continue reading...Monday, December 1, 2008
Surprise surprise, SCi Entertainment (the owners of Tomb Raider and parent company of Eidos) is reportedly in the middle of buyout talks once again. A frequent member of the “Inside sources tell us that…” club, this time it appears that the rumored talks may hold some actual merit, even if it is published in The [...]
Continue reading...Friday, October 24, 2008
It's the kind of story that has us all consulting our thesauri for appropriate superlative terms. According to a story in Variety, Legendary Pictures is in talks with Epic Games, which may lead to the movie production company acquiring the game developer. As Variety points out, the two companies are already collaborating on the Gears [...]
Continue reading...Wednesday, September 17, 2008
With a rumor swirling around our fair internet this morning that Google was preparing to buy Valve "any second now," the speculators at The Inquirer certainly had the games industry in a tizzy. The games media, in turn, did their homework, and Valve's Doug Lombardi denied such rumors to several sources in no uncertain terms. [...]
Continue reading...Monday, August 18, 2008
Holy sweet mother of Strauss Zelnick! Is it the Ragnarök? Does this spell the end for all mankind? Probably not, but this may actually spell the end for one of the industry's longest-running potential takeovers. EA announced this morning that they would be allowing their longstanding tender offer for shares of Take-Two Interactive to expire [...]
Continue reading...Monday, July 21, 2008
You know the drill. The new deadline is August 18th.
Continue reading...Monday, April 28, 2008
The acquisition hunger that afflicts game publishers has apparently extended to ye olde Europe. Infogrames recently acknowledged that the company made a buyout bid for SCi. This revelation comes on the heels of SCi's announcement that the U.K.-based company has received an influx of capital from Warner Bros.
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Tuesday, January 6, 2009
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