According to The Wall Street Journal, a bidding war has erupted over the rights to two of now-closed developer TimeGate Studios’ video games. Sci-Fi first-person shooter Section 8, and the unreleased free-to-play game Minimum are at the center of a bidding war between three companies. Hedge fund CNH Partners, Atari SA and Section 8 publisher […]
According to a USA Today report, the NCAA filed a lawsuit on November 4th against Electronic Arts over the the proposed settlement with the Collegiate Licensing Company regarding the use of their likenesses in the publisher’s college football game series. The suit accuses EA and the CLC of breaching contractual obligations such as maintaining liability […]
According to a Bloomberg report, Sony has hired management consulting firm Bain & Company to identify $100 million in cuts across its entertainment division. Sony Chief Executive Officer Kazuo Hirai is reportedly hosting a conference on November 21st in Culver City, California to discuss the company’s cost cutting strategy. It is believed that the cuts […]
The auction to sell the 38 Studios and Big Huge Games assets will now take place on December 11th, and it will also include a recently discovered game. Heritage Global Partners vice president Nick Jiminez revealed in a press release that the firm has discovered “a completed, but unreleased game for Mac users titled ‘Rise […]