Latest: /// Midway Stock Now Worth Considerably Fewer Pennies

Shiny Entertainment Sold

by Steve Gibson Apr 25, 2002 12:04pm CST tags: Industry News: PC & Console, Earthworm Jim

Looks like Interplay found a buyer for Shiny Entertainment. This quick news brief on ZDNet reveals that Infogrames is buying Shiny Entertainment along with the rights to a Matrix game for $47million in cash and notes.

Interplay received a $5 million advance from Microsoft to produce a "Matrix" game for the company's Xbox console. Interplay has posted growing losses in the past year and received a delisting notice from the Nasdaq exchange a few months ago

Shiny has been responsible for such games as Messiah , MDK, Earthworm Jim , and Sacrifice

Comment on this story44 Comments

Latest News

View All

Fileshack

Hot Files New Files

ShackReviews

New Games New Reviews

Midway Stock Now Worth Considerably Fewer Pennies
15 Comments | Dec 04, 2008 3:30pm CST
Publisher Midway's stock has plummeted almost 40% since Sumner Redstone's sale of the company for an embarrassing $100,000, settling at an all-tim...
Report: Square Prepping Eidos Buyout Bid
20 Comments | Dec 04, 2008 12:15pm CST
Japanese publisher Square Enix has reportedly expressed interest in purchasing ailing British publisher Eidos, according to MCV and its anonymous sour...
Atari Says Used Game Sales 'Extremely Painful'; Looks to Combat with 'Expandable' Games
59 Comments | Dec 03, 2008 3:20pm CST
During yesterday's Atari Live press conference, the publisher claimed that used game sales have been "extremely painful" for the industry, but explain...
Massive Expands with Blizzard, Activision Ad Deals
18 Comments | Dec 03, 2008 2:25pm CST
Microsoft's in-game ad firm Massive today announced it has signed separate deals with both publisher Activision and developer Blizzard. The Blizza...
Study: Close Combat Key to Successful FPS Games
110 Comments | Dec 02, 2008 10:00pm CST
A new study by technology company Emsense has connected the success of FPS games with the frequency of close combat. The study, conducted by Em...
Nintendo DSi Sells 500,000 in Japan
11 Comments | Dec 02, 2008 6:15pm CST
The next revision to the Nintendo DS handheld, the Nintendo DSi, has sold over 500,000 units in Japan so far, according to Gamasutra. The DSi ...
Valve's Newell: 'Most DRM Strategies Are Just Dumb'
142 Comments | Dec 02, 2008 4:36pm CST
Valve co-founder Gabe Newell left no doubt about his company's stance on DRM in a recent email to a fan. "As far as DRM goes, most DRM strategies ...
Midway Sold for $100,000
57 Comments | Dec 01, 2008 7:24pm CST
Media magnate Sumner Redstone has sold his majority stake in Mortal Kombat publisher Midway for a paltry $100,000, according to the Wall Street Journa...
Chinese MMO Caught Copying Assets from Ragnarok Online, World of Warcraft
53 Comments | Dec 01, 2008 6:21pm CST
The Chinese-developed, browser-based MMO Aurora Blade has been accused of containing numerous examples of blatant plagiarism by fans of Ragnarok Onlin...
Flagship Co-founder Phil Shenk Forms Gravity Bear
9 Comments | Dec 01, 2008 4:12pm CST
Flagship Studios co-founder Phil Shenk has established a new studio titled Gravity Bear, Shenk confirmed to Shacknews. The former Blizzard develop...

Shack Network

Shacknews LTD

Shacknews

Copyright 1996-2008 Shacknews LTD, All rights reserved. Shacknews logos, lols, rofls, lmaos, and possibly also wtfs are service marks or trade marks of Maarten. He will try to bathe with you. Watch out! User-posted content, unless source quoted, is licensed under a Creative Commons Public Domain License.

Latest News

Related Stories

Shack Network

Shacknews LTD

Shacknews