MCV/DEVELOP News, events, research and jobs from the games industry
Having moved to acquire just over 12 per cent of publisher Take-Two in January, American billionaire Carl Icahn has increased his stake in the firm. The entrepreneur snapped up a further 700k+ shares overnight, taking his total stake to 13.7 per cent. Icahn’s grip on Take-Two was demonstrated earlier in …
Read More »Warner acquires dev Rocksteady
Growing video games publisher Warner Bros Interactive has acquired a majority stake in London-based developer Rocksteady Studios. The move comes after the tremendous success enjoyed by Rocksteady’s 2009 release Batman: Arkham Asylum. The deal is the latest in Warner’s ongoing strategy to strengthen its internal development capacity. In 2007 it …
Read More »Ichan snaps up more Take-Two shares
Talk of an imminent buyout of Rockstar owner Take-Two has gained more weight with news that American billionaire Carl Icahn has purchased over a million additional shares in the publisher over the past three days. The new purchases mean he currently owns just over 12 per cent of the company. …
Read More »GameStop buys into Jolt
Global High Street video games retailer GameStop has acquired a stake in Irish online games network Jolt.co.uk in a move that it hopes will better position it for the future and the rise of digitally distributed content. Jolt will allow us to test digital distribution,” Gamestop’s executive VP of merchandising …
Read More »Major shareholders reduce Take Two stake
As the ‘will they won’t they’ saga surrounding EA’s proposed takeover of Rockstar-owning Take Two continues , two major Take Two shareholders have cut their stake in the publisher, Reuters reports. Oppenheimer Funds has cut its stake from 23 per cent, or 8.8 million shares, to just 11.5 per cent, …
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