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[Tiduz]

sorry if old.
Source: http://www.maxconsole.net/?mode=news&newsid=27992

Today the formation of Music Video Games (MvG) was announced, a music-based game company focused on delivering interactive entertainment experiences for both casual gamers and music fans. “The music video game market and the online casual games market both continue to grow exponentially. MvG will provide games that will appeal to both demographics” said Vincent Bitetti, CEO of MvG.

Press Release

Today the formation of Music Video Games (MvG) was announced, a music-based game company focused on delivering interactive entertainment experiences for both casual gamers and music fans. MvG was founded by David Warhol, president of video game studio Realtime Associates, Inc., and Vincent Bitetti, a video game publishing executive and former CEO of TDK Mediactive, which was sold to Take Two Interactive (NASDAQ:TTWO) in 2004.

“MvG has been created with the goal of bringing fun and easily accessible music games to an audience that has largely remained unnoticed to this point,” said Vincent Bitetti, CEO of MvG. “The music video game market and the online casual games market both continue to grow exponentially. MvG will provide games that will appeal to both demographics.”

Mr. Bitetti will act as the company’s CEO while Mr. Warhol will be the Chief Creative Officer. Acting as strategic advisors to the new company are music industry veteran Mark Goldstein, former Senior Vice President of Business and Legal Affairs at Warner Bros Records Inc. (NYSE:WMG), and interactive entertainment guru Tim Walsh, formerly the Senior Vice President of International Publishing, President of THQ Wireless, and a Corporate Officer at THQ (NASDAQ:THQI).

According to Pacific Crest Securities the online casual games business will grow to $725 million in 2008 from $375 million in 2006, with casual games becoming a primary industry growth driver for 2008 and beyond.

i hope they bring out original games, and not GH/RB Ripoffs.

 

[Fuu]

A company dedicated to developing only music games? Interesting.

Yeah, they're going to be really innovative.

 

[angelfly]

I just hope they make original games and don't just pump out clones of already available stuff.

 

[Bourbon Cowboy]

That doesn't sound like a very smart business plan. Design only one genre? What if they are not so good at it...?

 

[The Innocent X]

with casual games becoming a primary industry growth driver for 2008 and beyond.

Bugger.

 

[GoutPatrol]

They will be gone by this time next year.

 

[Teknopathetic]

It sounds like they're going to make stuff like O2Jam/DJmax (online music games).

 

[The Friendly Monster]

That doesn't sound like a very smart business plan. Design only one genre? What if they are not so good at it...?

And you expect them to be magically good at making FPS games? Most development studios are built around making one genre. Also how do you think Harmonix were made?

 

[Fireye]

A company dedicated to developing only music games? Interesting.

Yeah, they're going to be really innovative.

Because this is a new and intriguing idea. Obviously they can't succeed, may they rest in peace.

But in all seriousness, hopefully they're innovative and bring some fresh ideas to the table.

 

[Fuu]

Because this is a new and intriguing idea. Obviously they can't succeed, may they rest in peace.

But in all seriousness, hopefully they're innovative and bring some fresh ideas to the table.

I didn't mean to imply it's a new idea, sorry if I phrased it poorly. The fact that there are already others that are successful and have a strong name in the market makes it even harder for them, that's why they need to be real fresh.

 

[Tiduz]

yep, i wonder when well see their first game and if its console based or not.

 

[Jaruru]

nice to see a group to dev music games only. such dedication ^^