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Playfish Bought by EA for $275m

10 Nov

Electronic Arts’ spending spree continues as the mega-publisher takes up the popular social gaming company Playfish for a  cool $275 million. Rumored last month in various reports, EA confirmed the announcement yesterday, elaborating on an additional $25 million in equity retention arrangements. Playfish is a world-wide development in the social gaming sphere, with over 150 […]

Warner Brothers Sole Interest in Midway Buy-Out

29 Jun

Image Courtesy of Crave Online What Midway Games was hoping would start a high-price bidding war between companies turned out to be their only shot at purchase when Warner Brothers Interactive Entertainment’s late-May bid of $33 Million turned out to be the studio’s only offer. Rumors and reports abound about many developers and publishers waffling […]