News Corp. to challenge EA through acquisition

U

UbiSoftologist

Member
Source: Financial Times http://news.ft.com/cms/s/dfb4d796-6508-11d9-9f8b-00000e2511c8.html

News Corporation is seeking an acquisition in the video games market but is not sure whether it can find a suitable target, Peter Chernin, chief operating officer, said yesterday.

Speaking at a conference in Phoenix, Arizona, Mr Chernin said News Corp, the media and entertainment group led by Rupert Murdoch, together with other media companies, was "kicking the tires of pretty much all video games companies". This included Activision, the Santa Monica-based video games publisher that is seeking a buyer, Mr Chernin said.

"We see [video games] as a big business and would like to get into it," Mr Chernin said. "We are struggling with the gap between companies like Electronic Arts, which come with a high price tag, and the next tier of companies. These may be too focused on one or two product lines."

Electronic Arts is the world's largest video game publisher and has also recently made acquisitions, including a 20 per cent of Ubisoft, a French video game company, last month.

Mr Chernin did not indicate how much News Corp might be willing to spend to enter the multi-billion video games market but said the company's large cash position gave it considerable flexibility.
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WTF...Activision is seeking a buyer???
 
Coming Soon:
Who's Your Daddy? PS2/XBox/PC

The later Gamecube version will have special Nintendo character cameos.
 
pilonv1 said:
As much as I don't want News Corp involved in gaming, I'd love for someone to out-EA EA.
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Well after the release of Virtua Quest, News Corp. may have to worry about Sega, not EA.

Phase 3 of Operation Take Over #1 Third-Party Status Initiating...
 
Nothing new. Mirrorsoft was big (at least in the UK) in the 80's. That was run by the Mirror group, headed by Robert Maxwell. Compared to him, Rupert Murdoch is a cub scout.
 
An O'Reilly Factor video game would be hot.

Or a Fox News fighting game, where you can pit Bill O'Reilly, Sean Hannity, Alan Colmes, Shepherd Smith, Greta Van Susteren, et al against the likes of Al Franken, George Clooney, Ludacris, and Paris Hilton. "That's hot."
 
20 ¶ Why is light given to one who is in misery, and life to the bitter in soul,
21 who is waiting for death, but it comes not; and dig for it more than for treasures?
22 They are rejoicing to exultation. They are glad when they can find the grave.
 
The possiblities are so scary, but at least someone is thinking of challenging EA's dominance in the market. No one else has really been able to compete, and with EA's recent propensity to throw money around to buy market share, perhaps a little competion will be a good thing.
 
If Murdoch gets EA, we get Right Wing games with fucking EA Trax with DJ StryCUNT. Now THAT would be scary.
 
Oh, happy day. This line in particular made me wretch:

"These may be too focused on one or two product lines."

Fucking sleazy businessmen.
 
Dave Long said:
You're all going to be Nintendo fans soon, whether you like it or not.
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Ahahahaha so farkin true if this comes to pass
 
I for one cannot wait to play Fair and Balanced... The Game finally my own opportunity to create and spin news as I see fit!!!!
 
FUCK.

First Microsoft, and now this.

Next up, Wal-Mart to enter game industry! >X[

Any of these evil shitbags end up dominating my hobby, and I'm fucking done with it. On the bright side, I'd get to play plenty of online go and get a lot more reading done, while you asshats who rationalize everything with, "OH NO COMPANY IS BETTER OR WORSE THAN ANY OTHER" would get what you damn well deserve. Hell, maybe I could finally beat Nethack. :P
 
Fox
MGM
Paramount
Warner Bros.

----------------

EA
News Corporation
?
?

----------------

Its only a matter of time people.
 
D-X said:
To a lesser extent first it was Sony
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Both Sony and MS had been making games for awhile before they entered the hardware side of the biz... good games? well....
 
D-X said:
To a lesser extent first it was Sony
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Just to be clear, I don't have a problem with new companies getting into the videogame act. What I do have a problem with are evil bastard companies that are fucking up the world outside of games and toys. Sony, Nintendo, and EA don't really qualify in this regard, because they aren't interfering with our political system, screwing up our economy, and so on. If Panasonic decided to buy developers and/or make a system, I wouldn't be bothered at all. Haliburton? I'd be chewing on the ceiling.
 
Sea Manky said:
Just to be clear, I don't have a problem with new companies getting into the videogame act. What I do have a problem with are evil bastard companies that are fucking up the world outside of games and toys. Sony, Nintendo, and EA don't really qualify in this regard, because they aren't interfering with our political system, screwing up our economy, and so on. If Panasonic decided to buy developers and/or make a system, I wouldn't be bothered at all. Haliburton? I'd be chewing on the ceiling.
Click to expand...

So, you're grouping Microsoft in with Haliburton and News Corp.? Don't you think that's a bit unfair?
 
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