HomeNewsFeaturesJobsEducationResourcesDirectory

Mark Androvich 15:44 (BST)
28/03/2008

Mark Androvich

Paramount expands its videogame business

Matt Candler and Luke Letizia tapped to handle licensing, developer relations

Paramount Pictures has expanded its interactive department team and plans to more directly oversee development of a slate of games that it will partially or completely finance.

According to a Variety news story, Paramount is particularly interested in casual, handheld and mobile games rather than big-budget console titles.

"We are entering into deals now where we will be publishing games this year," said Sandi Isaacs, Paramount's senior VP of interactive and mobile.

"There's going to be a slate where in some cases we're publishing, in some cases we're co-publishing, or in others we're funding development and another publisher buys it.

"It's important for us to have a flexible model."

The company has chosen Matt Candler - a veteran of Activision and Grind Games - as its VP of interactive development to handle relations with developers. Former Sega and Fox executive Luke Letizia is also joining Paramount as executive director of interactive licensing.

Issacs thinks that getting more involved in the videogames publishing business will help Paramount ensure quality as well as moving projects along much faster.

"This gives us a great advantage in the timely evaluation of what's in development and could become good games, as well as working with our talent from the early stages," he said.

Despite the new commitment to funding and publishing, Paramount will continue licensing its properties to other videogame publishers as it has done in the past.

Not only is MTV Games is a sibling company of Paramount, but Midway is owned by Viacom chairman Sumner Redstone. There was no word whether or not the movie studio is planning a business relationship with either publisher.

Comments

To view other users comments, you must be logged in to a GamesIndustry.biz Network account.


In Related News

Retail

Tecmo Koei asks Sony to "please cut the price" of PS3

Tecmo Koei asks Sony to "please cut the price" of PS3

CEO says price cut is needed to boost the PlayStation 3's market share

Retail

Valve: Steam can boost boxed sales

Valve: Steam can boost boxed sales

Free weekends on service increase retail sales, claims Lombardi; Left 4 Dead 2 pre-orders already double that of original

Hardware

Sony patents motion control using ordinary objects

Sony patents motion control using ordinary objects

Everyday items can be scanned for use in-game

Retail

Activision: DJ Hero is "tremendous value"

Activision: DJ Hero is "tremendous value"

Publisher believes £108 RRP for game and peripheral is fair for amount of content included

Business

Thomas walks away with $5m from Midway sale

Thomas walks away with $5m from Midway sale

Original $100,000 purchase pays off for private investor as all other legal disputes settled

Business

Namco Bandai secures Dragon Ball rights for 5 years

Namco Bandai secures Dragon Ball rights for 5 years

Deal begins in 2010, but publisher will also release three titles this year

Newsletter Signup

Sign up to the FREE GamesIndustry Newsletter and receive a comprehensive round-up of industry news and info.


GamesIndustry.biz is the world's most read and influential games industry website. But don't just take our word for it!

"I check GamesIndustry.biz every day — you have to, to know what's going on. It's definitely the best European news site, and is beginning to offer a more global view too. There's a ton of information and news on the net — but this is the one that matters."

David Reeves

Latest announcements courtesy of GamesPress
GamesIndustry.biz is a proud supporter of GamesAid.
Editor
Matt Martin
Display Advertising
Richard Sturgess
Classified Job Postings
Scott MacKintosh

Find out more

Hosted by dx.net

GamesIndustry.biz is hosted by dx.net.