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Tim Sweeney Inducted into AIAS Hall of Fame
Tim Sweeney, founder and chief executive officer of Epic Games, will be the newest inductee into the Academy of Interactive Arts & Sciences Hall of Fame. Epic Games is the home of the seminal Unreal Engine and game franchises including "Unreal Tournament" and "Gears of War."
Club Penguin: "Waddle Around and Make a Difference!" [with video]
Club Penguin has promised to donate $2 million if members donate enough coins to fill the snowy world's lighthouse, funds which will then go toward improving the real world in Club Penguin’s fifth annual Coins For Change program.
NCM Turns Theater Audiences into 'Human Joysticks' [with video]
NCM Media Networks is encouraging movie theater audiences to wave their arms around in the air. Working with Audience Entertainment Group, it has added a 90-second game to its programming that turns theatergoers into a virtual “human joystick” to control the on-screen action.
Kabam Sprouts Two New Business Units
Hardcore social games developer Kabam has created two new business units, Kabam Game Studios and Kabam Game Distribution. The company said the action was a natural result of its worldwide expansion in both scope and platforms.
Nexon IPO Sets $7.2 Billion Valuation
Nexon, known as the home of "MapleStory," is vying for attention with its international rival Zynga by a decision go public on Dec. 14 for a valuation in the same exalted financial neighborhood.
Zynga Takes the Wraps Off Its IPO
Zynga Inc. has officially filed for its initial public offering in documents that value the social gaming firm at between $7.7 billion and $9.04 billion, about a third less than the $14.05 billion valuation in the company’s previous filing. It now is offering 100 million shares – 14.3 percent of its total – for $8.50 to $10 each.
'Call of Duty: MW3' Donates Avatar Profits
Console warriors are being offered a convenient way to aid genuine warriors. For two weeks starting today, Activision is donating all proceeds from the sale of "Call of Duty: Modern Warfare 3" avatars to the non-profit, public benefit corporation, Call of Duty Endowment.
KlickNation Becomes Part of EA's New BioWare Social
In yet another move to strengthen its position in social gaming, Electronic Arts Inc. has acquired KlickNation, a developer of free-to-play social role-playing games. Terms of the deal were not disclosed.
Will 'South Park: The Game' Let You Kill Kenny?
Gamers will be able to join Stan, Kyle, Cartman and Kenny as they take on new adventures in "South Park: The Game.," from THQ, South Park Digital Studios – a joint venture of Viacom Media Networks and "South Park" creators Matt Stone and Trey Parker – and Obsidian Entertainment.
Sweety High Opens Its Doors to Savvy Girls
Many pop-culturally aware girls are young enough to consider Justin Bieber an adult. They’re being targeted by Sweety High, a lifestyle community and social game designed to enable safe self-expression based primarily on original content, participation, and what the site calls “wish fulfillment opportunities.”
