GamesIndustry brings a story that media tycoon Rupert Murdoch is interested in entering the games industry. Murdoch already owns a News Corporation, which owns TV networks like Fox and Sky, but also big British newspapers The Sun and the Times, as well as book publisher Harper Collins. Now Murdoch wants to set foot in the games industry, and not by starting a new small publisher. Instead he's shown interest in acquiring either Electronic Arts, publisher of the Sims and many other games, and Activision, a big Californian publisher. Costs: $19 billion for EA, or $3 billion for Activision. It's still unsure which games company - that could be either of these two, or a completely different company - Murdoch's News Corporation will buy, as no details regarding the investment the company is willing to make are mentioned. The article also says other media companies are looking into investing in the games industry. For example, Viacom chairman Summer Redstone has acquired a majority shareholding in developer Midway earlier. Read the complete article for more information. Thanks to Hikikomori for the tip.
Written at 23:37 on Monday, 24 January 2005 by ChEeTaH.