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Business

Satoru Iwata Dies: Nintendo’s Popular, Game-Loving President Was 55

Satoru Iwata

Satoru Iwata, the beloved president of Japanese gaming company Nintendo, has died of bile duct cancer. He was 55. Iwata joined Nintendo in the 1980s, working on games including Balloon Fight, EarthBound and the Kirby franchise, working his way up the company ladder before taking on the top post in 2002. Stepping in for the retiring Hiroshi Yamauchi, the company’s president since 1949, Iwata became only the fourth president in Nintendo’s history and the first to be… Read

International

Former Tencent Employees Arrested As Chinese Anti-Graft Investigation Deepens

BEIJING, CHINA - APRIL 28: (CHINA OUT) (L-R) Hou Xiaonan, general manager of Tencent Open Platform, Lu Wei, general Secretary of Internet Society of China, Ren Yuxin, chief operating officer of Tencent, and Lin Songtao, vice president of Tencent Mobile Business Group, attend the 2015 Tencent Open Strategy Annual Conference at National Convention Center on April 28, 2015 in Beijing, China. The 2015 Tencent Open Startegy Annual Conference got held at National Convention Center and COO of Tencent delivered a speech that Tencent would start new integration of resources to created more innovative and entrepreneurial platform for society. General Secretary of Internet Society of China Lu Wei, COO of Tencent Ren Yuxin, vice president of Tencent Mobile Business Group Lin Songtao and general manager of Tencent Open Platform Hou Xiaonan attended the conference. (Photo by ChinaFotoPress/ChinaFotoPress via Getty Images)

Only a day after news broke of the detaining of former Tencent exec and current Alibaba Digital Entertainment Group head Patrick Liu Chunning, a number of other former employees at Chinese Internet giant Tencent have been arrested in a major anti-graft investigation. A statement issued by Tencent said, "ex-employees in the online video unit were involved in bribery. The police were notified and we are waiting for results of their investigation… Five or six ex-employees… Read

exclusiveBusiness

Ink Factory Reteams With ‘Billy Lynn’ Scribe Ben Fountain For TV Series, Ramps Up With New Round Of Financing

The Ink Factory

  EXCLUSIVE: The Ink Factory is re-teaming with Billy Lynn’s Long Halftime Walk author Ben Fountain on an original one-hour TV series. Details of the project are being kept under wraps for now, but it represents the latest splashy move for a company that has also closed a round of financing that gives it the capacity to fully finance, if it wants to, its own features and TV series. That level of financial independence is turning Ink Factory into a home for sophisticated… Read

exclusiveBusiness

Emmy-Nominated TV Writer Chris Case Juices Up Latest SGN Game

Chris Case SGN Juice Jam design

EXCLUSIVE: Chris Case – a long-time writer on shows such as Spin City, Titus and Mad About You who is exec producer on Yahoo’s new Sin City Saints – ended up with a very different writing assignment recently, punching up the story line, characters and emotional engagement of a new mobile game, Juice Jamfrom SGN. “Mobile for me is the Wild, Wild West,” said Case. “It was an opportunity to understand what’s happening here. It’s really cool to try to innovate. It’s wide… Read

Film

‘Star Wars Battlefront’ Game Trailer Looks Like A Live-Action Movie

Star Wars Battlefront videogame trailer AT AT exploding

It’s been quite the weekend for Star Wars trailers of various sorts, no doubt in part because of the big four-day fan event in Anaheim this weekend focused on the franchise. First there was Thursday’s (really pretty thrilling) teaser for The Force Awakenswhich did plenty to awaken the force of fan frenzy for the film debuting in December. Then there was today’s teaser for first spinoff, Rogue One, which screened in a panel at the Anaheim show but hasn’t officially been… Read

Business

Tom Ham Joins Create Advertising Group In Games Industry Play

Create Advertising Group

Tom Ham, a long-time figure in the videogame industry most recently overseeing show production for gamer-oriented online-video company Machinima, has joined Create Advertising Group in a new position. Ham will head business development in the game sector and the emerging business of virtual-reality programming. "When it comes to mapping today's gaming industry and knowing what is happening with the best developers and within the best companies, there are few executives… Read

breakingBusiness

Michael Bay’s New 451 Media Group Secures China Financing Deal

Transformers Michael Bay

Michael Bay’s new 451 Media Group has received a strategic investment from China's premier animation, toy, and entertainment group Alpha Animation and Culture. The financing will help Bay launch his new company, which will specialize in developing IP and turning premium content from Hollywood's top creative minds into mega-transmedia brands. 451 was co-founded by Transformers director Bay; John and Anthony Gentile, creators of such global toy and entertainment brands as Mi… Read

exclusiveFilm

Sony Taps Jay Basu To Write ‘Metal Gear Solid’

Metal Gear Solid

EXCLUSIVE: In-demand Brit writer Jay Basu has closed a deal with Sony Pictures to write the feature adaptation of fanboy favorite video game Metal Gear Solid. The project is produced by Avi and Ari Arad and is being steered by production president Michael De Luca. Jordan Vogt-Roberts (The Kings Of Summer) is attached to direct. Created by Hideo Kojima, the game was first launched on PlayStation in 1998 and follows the fortunes of Solid Snake, a soldier who infiltrates a… Read

exclusiveFilm

Steven Spielberg To Direct Sci-Fi Cult Favorite ‘Ready Player One'; Back At Warner Bros

Steven Spielberg

EXCLUSIVE: Steven Spielberg is set to direct Ready Player One, the highly anticipated project based on the popular sci-fi book by Ernest Cline that takes place in a virtual world. What a coup for Warner Bros, which will bring it to the screen along with Village Roadshow. This is expected to be Spielberg’s next movie after The BFG. Ready Player One also marks the director’s return to Warner Bros after a 14-year absence. The last picture he directed there was A.I. Artificial… Read

International

UK Govt Unveils New Incentives For Media Biz In Pre-Election Budget

The Chancellor Presents The Final Budget Before The 2015 General Election

UK Chancellor of the Exchequer George Osborne today unveiled improved incentives for the film, TV and videogame business as he delivered his final budget before the country’s general election May 7. The government has increased the rate of film tax relief to 25% for all qualifying expenditure, and extended the high-end television tax relief by reducing the minimum UK spending requirement from 25% to 10%. Osborne is also set to update the cultural test- a largely… Read

Business

Trailer Maker Buddha Jones Beefs Up Videogame Unit With Scott Carson Hire

FINALBJLogo_02mm

Scott Carson has been hired as new head of video game marketing for Buddha Jones, a Hollywood-based, entertainment-focused advertising and marketing agency. Carson spent nine years at Ant Farm, rising to the position of VP and creative director with the video game unit. He has been hired to reboot Buddha Jones’ equivalent unit, created in 2010, according to the announcement by company co-owners John Long and Dan Asma. At Ant Farm, Carson was involved in creating a variety… Read