Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
July 31, 2014
arrowPress Releases
July 31, 2014
PR Newswire
View All





If you enjoy reading this site, you might also want to check out these UBM Tech sites:


Report: NBC on Verge of $100M Investment in SCi
Report: NBC on Verge of $100M Investment in SCi
April 18, 2008 | By Chris Remo

April 18, 2008 | By Chris Remo
Comments
    Post A Comment
More:



Major media conglomerate NBC Universal is in the final stages of a $100 million investment in UK-based SCi Entertainment Group, which owns publisher Eidos Interactive, according to a Financial Times report. The move would make NBC a major shareholder.

SCi could also be soliciting increased ownership by Warner Bros. Entertainment, which already holds a 10.3 percent stake in the company.

Though SCi did not weigh in on the report, the Financial Times claims that a deal with either NBC or Warner could occur within the next two weeks.

Last year, the company confirmed it was undergoing talks of acquisition, following persistent financial problems. This past January, those offers fell through, and key SCi leadership departed.

The offers would put the company on a path to raising needed funds. CEO Phil Rogers, who joined the company after previous CEO Jane Cavanagh left, stated last month that SCi must raise GBP 45-55 million ($89.8-$109.7 million). He also instituted significant restructuring and budget-cutting plans intended to help turn the company around.


Related Jobs

Petroglyph Games
Petroglyph Games — Las Vegas, Nevada, United States
[07.31.14]

Unity Engineer
Retro Studios - Nintendo
Retro Studios - Nintendo — Austin, Texas, United States
[07.31.14]

Gameplay Engineer
Crystal Dynamics
Crystal Dynamics — Redwood City, California, United States
[07.31.14]

Producer
GREE International
GREE International — San Francisco, California, United States
[07.31.14]

Senior Software Engineer, Unity










Comments



none
 
Comment: