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THQ to Shutter Finland-based Mobile Game Studio Universomo
Agoura Hills, Calif. - Video game publisher THQ (NASD: THQI) has shuttered its
mobile game studio in Finland,
and says going forward it will source mobile game...
Report: Online Game Play Hours Up, Despite Fewer Players
Port Washington,
N.Y. - The average number of
hours spent playing online games each week has increased 10% since 2009, from
7.3 to 8 hours per week,...
Sony Buys "LittleBigPlanet" Game Developer Media Molecule
London
- Sony (NYSE: SNE) Computer Entertainment announced on Tuesday that it has acquired Media
Molecule, the developer of the PlayStation 3 and PSP title
"LittleBigPlanet."
Financial terms...
New Random House Unit to Pen Stories for Video Games
New York
- Publisher Random House has established a department that will create original
stories for video games, as well as consult on games in development,...
Sony: Leave PlayStation 3 Off While System Clock Issue Fixed
Update: Reports on Tuesday indicate that the problem has been resolved, and without any data loss. "We are aware that the internal clock functionality...
Bethesda Softworks Parent ZeniMax Raises $1.8 Million
Rockville,
Md. - ZeniMax Media, the parent
company of game developer Bethesda Softworks, has raised $1.8 million through
the sale of options and warrants, according to a...
Report: Nintendo to Release New Zelda for Wii This Year
Redmond, Wash.
- Nintendo looks poised to release a new "Zelda" title for the Wii
this year, considering comments Nintendo America vice president of marketing
Cammie Dunaway...
Gamers Factory Nabs $3.9 Million, Goes Public in Stock Swap
Hunt Valley,
Md. - Gamers Factory, a company
that refurbishes used video games for the pre-owned market, announced on Friday
that it has secured $3.9 million through...
Music Mastermind Gets $4.85M for Web-based Music Creation
Los Angeles
- Music Mastermind, the provider of a Web-based music creation platform, has
raised $4.85 million in its first round of funding.
Details on investors were
not...
Social Network hi5 Acquires Social Games Firm Big Six
San Francisco
- Online social network hi5 announced on Thursday that it has acquired social
gaming firm Big Six.
Financial terms of the transaction were not disclosed....
