BUSINESS NOTES UNIVERSAL, VIVENDI IN GAMES VENTURE.UNIVERSAL CITY - Taking advantage of the Vivendi-Universal merger, Universal Interactive Studios said Monday that it will begin publishing the video games See video game console. it produces, including new titles based on the ``Jurassic Park'' and ``The Mummy Returns'' franchises. While Universal developed the popular ``Crash Bandicoot'' and ``Spyro the Dragon'' games, it turned to others - including Sony Corporation and Electronic Arts Inc. - for distribution. The company now plans to market, ship and advertise its games through Vivendi Universal Publishing, formerly the Havas Interactive division of French water utility Vivendi. ``The games industry is such a big business it rivals films and is growing because of the next generation of consoles,'' said Jim Wilson There are a number of notable people named Jim Wilson. These include:
Universal plans increased development of games based on its character television and movie franchises for Sony's PlayStation2, Nintendo's Gameboy Advance and Microsoft's Xbox, due this fall. Other interactive game companies owned by Vivendi Universal, including Blizzard Entertainment, Sierra Inc. and Flipside.com, will continue to operate separately from Universal Interactive Studios. - Daily News Sony enlists Chey for tech operation Sony Pictures Digital Sony Pictures Digital, first known as Columbia TriStar Interactive, then Sony Pictures Interactive Network (or SPiN), is known as the digital website interactive creator for Sony Pictures Entertainment (SPE) that was established in 1997. Entertainment announced on Monday the appointment of Doug Chey as senior vice president of technology. Chey's responsibilities will include the development, engineering, implementation and operation of SPDE's technology backbone as the company expands its operations. SPDE SPDE Service Provider Delivery Environment SPDE stochastic partial differential equation SPDE Solid Phase Dynamic Extraction SPDE Solar Plasma Diagnostic Experiment SPDE Spedus Corp (stock symbol; New York, NY) , an operating unit operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon of Sony Pictures Entertainment, oversees the activities of SPE's digital production and online assets. Chey will focus on the division's Culver City-based Internet operations, which include the motion picture and television Web sites, SoapCity, and services over the emerging broadband Internet Protocol networks. Chey joins Sony Pictures Digital Entertainment from Z.com, where he was vice president of technology. Prior to that, he was vice president of information technology, new media, for Warner Music Group Warner Music Group (WMG) is one of the four major record labels. Warner Music Group also has a publishing arm, Warner/Chappell Music, which dates back to 1929, when Jack Warner, president of Warner Bros. Pictures Inc. . - City News Service Short-term T-bills take rate plunge WASHINGTON - Interest rates on short-term Treasury securities fell in Monday's auction to their lowest point in seven years. The Treasury Department sold $9 billion in three-month bills at a discount rate of 3.655 percent, down from 4.050 percent last week. An additional $8 billion was sold in six-month bills at a rate of 3.665 percent, down from 4.060 percent. The three-month rate was the lowest since April 11, 1994, when the bills sold for 3.63 percent. The six-month rate was the lowest since Feb. 28, 1994, when the rate was 3.61 percent. In a separate report, the Federal Reserve said Monday that the average yield for one-year constant maturity Treasury bills, the most popular index for making changes in adjustable rate mortgages, fell to 4.04 percent last week from 4.07 percent the previous week. - Associated Press Microsoft, NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. merge Web sites NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of - Microsoft Corp. and NBC are merging their financial Web sites, MoneyCentral and CNBC CNBC Center for the Neural Basis of Cognition (artificial intelligence) CNBC Consumer News and Business Channel CNBC Congress of National Black Churches, Inc. .com, into a personal finance site expected to launch this summer. Financial terms weren't disclosed. The new site, CNBC MoneyCentral, will become part of MSN (1) (MicroSoft Network) A family of Internet-based services from Microsoft, which includes a search engine, e-mail (Hotmail), instant messaging (Windows Live Messaging) and a general-purpose portal with news, information and shopping (MSN Directory). , Microsoft's family of online sites that also includes Slate and Hotmail, the companies said in a joint statement Monday. Rebecca Tompkins, a spokeswoman for NBC, said staff reductions were ``likely'' as part of the merger, but she declined to be more specific. - Associated Press |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion