Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
September 19, 2019
arrowPress Releases







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


Square Enix Invests In New Media Company

Square Enix Invests In New Media Company

April 21, 2006 | By David Jenkins

April 21, 2006 | By David Jenkins
Comments
    Post A Comment
More: Console/PC



According to a report from consumer website GameSpot, representatives from Square Enix, new acquisition Taito and digital content solutions provider Faith Inc. have announced the formation of a new company named Brave Inc.

Brave is intended to be a wide-ranging media company, initially offering promotion and distribution services for mobile phone content, but also working with music and movie studios to fund and produce projects and user communities.

The three companies have invested ¥80 million ($683,000) in the new company – 10 percent from Square Enix, 30 percent from Taito and 60 percent from Faith. As a result, Faith will maintain a controlling stake in the new business.

The move is the latest in a number of diversification attempts by Square Enix, which recently reported reduced financial predictions, to add to its business. Other recent initiatives, both of which have involved external, non-games related partners, have included the formation of a new serious games business and a partnership with Matsushita to produce a new multimedia operating system.


Related Jobs

Cold Iron Studios
Cold Iron Studios — San Jose, California, United States
[09.18.19]

Senior Systems Designer
Insomniac Games
Insomniac Games — Burbank, California, United States
[09.18.19]

Character TD (Rigger/Technical Animator)
Disbelief
Disbelief — Chicago, Illinois, United States
[09.18.19]

Junior Programmer, Chicago
Disbelief
Disbelief — Chicago, Illinois, United States
[09.18.19]

Senior Programmer, Chicago









Loading Comments

loader image