News Room Contributor Posts: 4827 Joined: 12 Nov 2002 | Ten Deals That Shook The Industry
Activision's merger with Vivendi and Electronic Arts' continued efforts to swallow up Take-Two are the big news of the day, but the history of the videogame industry is filled with ground-breaking deals between major players - and not all of them end happily.
The joining of Activision and Vivendi is the biggest, and the tussle between EA and Take-Two may very well be the most painfully protracted, but as a report by MCV shows, big deals between industry powerhouses is nothing new. Its list of "Top Ten Deals That Shook The Industry" includes many that are well know, one or two that aren't and a few that some people very likely wish they could take back.
The first deal on the list, for instance, is Take-Two's purchase of DMA Designs from Infogrames for $11 million, a purchase that looked relatively harmless on the surface but that gave new Take-Two entity Rockstar a chance to publish Grand Theft Auto 2 for the PlayStation 2 - ultimately leading to Grand Theft Auto III, the first step in a re-envisioned series of games that would become one of the most successful and financially lucrative videogame franchises of all time.
Vivendi subsidy Havas also makes the list for its 1998 purchase of Sierra Online and Blizzard. While the Sierra part of the deal didn't add up to much, the acquisition of World of Warcraft maker Blizzard Entertainment was a huge boost to Vivendi's gaming efforts, and would later be the catalyst for the creation of Activision Blizzard.
Perhaps the most transformative deal on the list comes from all the way back in 1988, with an arrangement between Sony and Nintendo to develop a CD-ROM add-on for the Super Nintendo Entertainment System. When former Nintendo Chairman Hiroshi Yamauchi decided the terms of the development contract were unacceptable, he killed the deal and allied his company with Philips instead, opening the door for Sony to continue its work on the technology with an eye toward building its own standalone console that would in 1994 be unleashed upon the world as the PlayStation.
It's a fun and interesting read, and you can see it all at MCV.com.
Permalink |
Muckraker Posts: 301 Joined: 4 Jun 2008 | I remember when Sony got screwed over like that, I bet Nintendo wishes they hadn't "betrayed" Sony...for phillips (Weren't they the ones that made all those crappy LoZ games that were poorly animated?). |
Gone Gonzo Posts: 2082 Joined: 12 May 2008 | HomeAliveIn45:
I remember when Sony got screwed over like that, I bet Nintendo wishes they hadn't "betrayed" Sony...for phillips (Weren't they the ones that made all those crappy LoZ games that were poorly animated?).
I remember that too, vividly. I wonder if Nintendo ever thought "aww fuck" |
Beat Writer Posts: 129 Joined: 29 Nov 2007 | We do not speak of the Phillips CD-i nor the Unholy Triforce that appeared on it. |
Muckraker Posts: 244 Joined: 5 Jul 2008 | Pretty much on the money there |
Muckraker Posts: 301 Joined: 4 Jun 2008 | I suggest a witch hunt to root out those responsible for.. the unspeakable CD-I LoZ |
Gone Gonzo Posts: 2859 Joined: 10 Mar 2008 | Every time i hear/read the story of Nintendo backstabbing/betraying/whatever-ing Sony i just have to smile and sneer at my friend (Nin-boy) and anyone who's a fan of Nintendo and hates Sony or the Playstation brand.
It's like that episode of the "PowerPuff Girls" that it's revealed that Mojojojo created the super girls.
Why do I remember that? Oh god... |
Ten Deals That Shook The Industry
Activision's merger with Vivendi and Electronic Arts' continued efforts to swallow up Take-Two are the big news of the day, but the history of the videogame industry is filled with ground-breaking deals between major players - and not all of them end happily.
The joining of Activision and Vivendi is the biggest, and the tussle between EA and Take-Two may very well be the most painfully protracted, but as a report by MCV shows, big deals between industry powerhouses is nothing new. Its list of "Top Ten Deals That Shook The Industry" includes many that are well know, one or two that aren't and a few that some people very likely wish they could take back.
The first deal on the list, for instance, is Take-Two's purchase of DMA Designs from Infogrames for $11 million, a purchase that looked relatively harmless on the surface but that gave new Take-Two entity Rockstar a chance to publish Grand Theft Auto 2 for the PlayStation 2 - ultimately leading to Grand Theft Auto III, the first step in a re-envisioned series of games that would become one of the most successful and financially lucrative videogame franchises of all time.
Vivendi subsidy Havas also makes the list for its 1998 purchase of Sierra Online and Blizzard. While the Sierra part of the deal didn't add up to much, the acquisition of World of Warcraft maker Blizzard Entertainment was a huge boost to Vivendi's gaming efforts, and would later be the catalyst for the creation of Activision Blizzard.
Perhaps the most transformative deal on the list comes from all the way back in 1988, with an arrangement between Sony and Nintendo to develop a CD-ROM add-on for the Super Nintendo Entertainment System. When former Nintendo Chairman Hiroshi Yamauchi decided the terms of the development contract were unacceptable, he killed the deal and allied his company with Philips instead, opening the door for Sony to continue its work on the technology with an eye toward building its own standalone console that would in 1994 be unleashed upon the world as the PlayStation.
It's a fun and interesting read, and you can see it all at MCV.com.
Permalink