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Movie Studios seek to buy game Companys

Posted: 2005-02-09 05:32am
by Mr Bean
http://news.com.com/Movie+studios+grab+ ... g=nefd.top
Two quotes
At last week's Walt Disney Company conference in Orlando, Fla., investors were told that the company was in discussions to buy multiple game development studios and would spend nearly $50 million to develop the business.
First the company that can do no right is trying to buy succesful video game companies

Second
But Lynton, "snip"
"The problem is, leaving aside the expense of buying a game company or starting one from scratch, when you get into the dynamics of the video game business, it is very different than film or television production," he said. "I have a hard time telling a good game from a bad one."
"There will naturally be culture clashes if they try to move these cultures together," said Neil Young, the executive in charge of production at Electronic Arts. "There is not a culture of fear in our industry. We are not afraid to fail."

The big media companies--where fear of failure is almost a job requirement--have taken vastly different approaches to exploiting the video game phenomenon this time around.

At least Valve, Gearbox, Bungie, and anything Sid M. slaps his name on will be safe from them

Posted: 2005-02-09 05:46am
by HemlockGrey
said Neil Young, the executive in charge of production at Electronic Arts. "There is not a culture of fear in our industry. We are not afraid to fail."
That was self-evident.

Posted: 2005-02-09 06:23am
by Admiral Valdemar
EA has gone so amazingly down hill since even just a decade ago that I wonder how they manage to exist, letalone be massive.

Posted: 2005-02-09 06:30am
by Mr Bean
Admiral Valdemar wrote:EA has gone so amazingly down hill since even just a decade ago that I wonder how they manage to exist, letalone be massive.
Like movie companies they are in several diffrent divisions, thier Sports divison gets exculsive contracts on everything so they have a set cash line at all times, while the Dice team knows that Mods are king so they pander to them like Valve making their BF1942, BF Vietnam and upcoming BF2 games king