Rupert Murdoch Considers Entry to Gaming Industry
GamesIndustry.biz reports that News Corporation's Rupert Murdoch is considering acquiring a game publisher. He's apparently "kicking the tires" on everything up to and including EA. From the article: "He highlighted Activision as one games publisher which is being considered for purchase. The Californian company, which is one of the biggest publishers in the world, has a market capitalisation of under $3 billion, compared to around $19 billion for Electronic Arts." It's sobering to consider that as big as EA is within the gaming industry it is small fry compared to the big fish in other sectors.
there was once a Fox Interactive game division that folded because they couldn't make any money and the game market wasn't that lucrative.
Just to put the numbers in perspective, this article from last year gives News Corp's value at $31.4B. Although this is a fair bit bigger than EA's - it's not that much bigger, which does say a lot.
It's hard to soar like an eagle when you're surrounded by turkeys.
News Corp itself is worth about $53B.
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