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Warner Bros. Acquires U.K. Game Developer Rocksteady Studios

Burbank, Calif. - Time Warner's (NYSE: TWX) Warner Bros. Home Entertainment Group on Tuesday announced that it has acquired a majority stake in London-based video game developer Rocksteady...

Mobile Games Firm Ngmoco Lands $25M, Acquires Freeverse

San Francisco - Ngmoco, a developer and publisher of games for Apple's iPhone and iPod touch, announced on Tuesday that it has raised nearly $25 million...

United Business Media Acquires Game Advertising Online

London - United Business Media (UBM), a publisher of business-to-business publications, announced on Tuesday that it has acquired Game Advertising Online (GAO) for $1 million in cash,...

Sony Patent Application Hints at Universal Game Controller

Foster City, Calif. - Sony (NYSE: SNE) is working on a universal video game controller that would work with any console, CNET News.com reported, citing a patent application...

Winners of 13th Interactive Achievement Awards Announced

Las Vegas - The Academy of Interactive Arts and Sciences this week named winners of its 13th Annual Interactive Achievement Awards, with Sony's "Uncharted 2: Among...

Moonshoot Gets $6.6 Million for Games That Teach Kids English

Palo Alto, Calif. - Moonshoot, a company developing online games that teach the English language to children, announced that it has raised $6.6 million in venture capital...

MTV Games in Talks with Hendrix Estate on "Rock Band"

Los Angeles - Viacom's (NYSE: VIA) MTV Games and development studio Harmonix are "in discussions to bring " to the "Rock Band" game platform, Billboard and the Los...

Veteran Game Designer Richard Garriott Forms Portalarium

Austin - Veteran video game designer Richard Garriott ("Ultima Online") on Wednesday announced the formation of a new social media company, Portalarium, which will initially develop online...

Survey: 24% of Internet Users Are Social Gamers

Seattle - More than 24% of U.S. and U.K. Internet users say they play social games regularly, making for a total of approximately 100 million social...

Game Publisher Activision Lays Off 200; Shutters Studio

Santa Monica, Calif. - Video game publisher Activision Blizzard (NASD: ATVI), a unit of Vivendi, has laid off around 200 employees and will shutter is Luxoflux development...