Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
January 16, 2018
arrowPress Releases






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


Microsoft forms new console game venture in China

Microsoft forms new console game venture in China

September 24, 2013 | By Mike Rose

September 24, 2013 | By Mike Rose
Comments
    1 comments
More: Console/PC, Business/Marketing, China



Newsbrief: As it looks likely that a 13-year ban on foreign video game consoles in China may be relaxed soon, Microsoft is looking to capitalize on the move by forming a new multi-million dollar games venture in the country.

Microsoft and BesTV New Media, a subsidiary of Shanghai Media Group, have formed a new $79 million outfit according to Bloomberg, as both companies look to explore the new console and entertainment opportunities in China.

The new venture will look to design and develop games for China, while also acting as a publisher for third-party titles in the area. A filing seen by Bloomberg apparently says that the investment from both companies will reach $237 million.


Related Jobs

Qualcomm
Qualcomm — San Diego, California, United States
[01.16.18]

Game Designer
Insomniac Games
Insomniac Games — Burbank, California, United States
[01.16.18]

Gameplay Programmer
Sanzaru Games Inc.
Sanzaru Games Inc. — Foster City, California, United States
[01.16.18]

Gameplay Engineer
Sanzaru Games Inc.
Sanzaru Games Inc. — Foster City, California, United States
[01.16.18]

Environment Artist









Loading Comments

loader image