News Room Contributor Posts: 8052 Joined: 12 Nov 2002 | Microsoft and Viacom Join Forces
Microsoft and Viacom have signed a multi-year deal to collaborate on games, advertising, distribution and promotions.
A report on GamesIndustry.biz says that Microsoft will make television and movie content from MTV, Comedy Central, Paramount Pictures and other Viacom-owned properties available on Xbox Live Marketplace and MSN, while Viacom will be the company's "preferred publishing partner" for casual gaming efforts. The deal is reported to be worth roughly $500 million "in financial considerations and business services."
"This is a novel and comprehensive partnership that demonstrates the scale of our digital operation and the value of our branded content across all distribution platforms," said Viacom CEO Philippe Dauman. "By taking advantage of industry-leading assets and both our companies, this landmark alliance brings valuable promotional power and increased monetization to our wide portfolio of branded websites, which collectively represent the leading entertainment presence online."
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Brand Manager Posts: 2430 Joined: 8 Oct 2007 | Good god, we are getting ever closer to the apocalypse |
Gone Gonzo Posts: 1173 Joined: 13 Nov 2007 | I didn't think it was possible for my opinion of Viacom to sink even lower, but somehow they managed it. |
Microsoft and Viacom Join Forces
Microsoft and Viacom have signed a multi-year deal to collaborate on games, advertising, distribution and promotions.
A report on GamesIndustry.biz says that Microsoft will make television and movie content from MTV, Comedy Central, Paramount Pictures and other Viacom-owned properties available on Xbox Live Marketplace and MSN, while Viacom will be the company's "preferred publishing partner" for casual gaming efforts. The deal is reported to be worth roughly $500 million "in financial considerations and business services."
"This is a novel and comprehensive partnership that demonstrates the scale of our digital operation and the value of our branded content across all distribution platforms," said Viacom CEO Philippe Dauman. "By taking advantage of industry-leading assets and both our companies, this landmark alliance brings valuable promotional power and increased monetization to our wide portfolio of branded websites, which collectively represent the leading entertainment presence online."
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