Bidding war erupting over Lionhead?
Source: Self-explanatory British Web site Gamesindustry.biz.The official story: "Sorry, I really can't comment on this."--Lionhead rep. What we heard: Buried beneath the avalanche of schmoozing at this year's D.I.C.E. (Design, Innovate, Create, Entertain) awards were several tantalizing rumors...
Source: Self-explanatory British Web site Gamesindustry.biz.
The official story: "Sorry, I really can't comment on this."--Lionhead rep.
What we heard: Buried beneath the avalanche of schmoozing at this year's D.I.C.E. (Design, Innovate, Create, Entertain) awards were several tantalizing rumors. The one wagging off most attendees' tongues at the event was that Lionhead Studios had become the subject of a bidding war between two major publishers. According to Gamesindustry.biz, the suitors vying for the British developer were France-based Ubisoft and the monolith of Redmond, Washington, Microsoft.
While Lionhead reps were adamant about their inability to comment on the buyout rumors, many in attendance at D.I.C.E. were confident the confusion would be cleared up on Friday. Why? Because one of the main speakers on the final day of the Las Vegas game-industry event was Lionhead chief Peter Molyneux, who was slated to be on a panel with Sims creator Will Wright.
However, earlier today, Lionhead reps confirmed to GameSpot that Molyneux had abruptly canceled his D.I.C.E. appearance for undisclosed reasons. The executive's no-show, the second of the event after Valve Software CEO Gabe Newell called in "sick" on Thursday, threw even more fuel on the fires of speculation. Many D.I.C.E. attendees theorized that Molyneux's presence was required at Lionhead due to the advanced state of negotiations for the studio's imminent purchase.
While it must be emphasized that no official information about any potential deal has been released, a Lionhead buyout is well within the realm of possibility. Though the developer scored a solid hit with Fable in 2004, its subsequent releases have struggled. The Movies, Lionhead's Hollywood mogul sim, saw its console ports canceled by Activision "due to underperformance on the PC." (However, there are reports that it may still come to non-PC platforms.) Black & White 2, the EA-published sequel to Molyneux's deity-centric strategy game, barely sold more than 102,000 units between its October ship date and the end of 2005, according to industry trade group NPD. With the fickle winds of retail not blowing entirely in Lionhead's favor, the studio might be very tempted by the safe financial harbor a major publisher could provide.
Bogus or not bogus?: Bogus that it's official...but that could change very soon.
Hot Stories
Newsmakers
-
World of Warcraft target of latest suit from PSN plaintiff
San Jose man adds Activision Blizzard to growing list of courtroom opponents, takes issue with MMOG fees, alleges ill effects on mental health, seeks $1 million. Full Story
- Posted Nov 24, 2009 4:58 pm PT
- 727 Comments
-
Top US Nintendo PR exec resigns
VP of corporate affairs Denis Kaigler leaves after less than two years at Nintendo of America; no replacement yet named. Full Story
- Posted Nov 23, 2009 4:26 pm PT
- 113 Comments
Featured Stories
-
Assassin's Creed II slays 1.6 million in one week
Ubisoft says internal sales reports shows critically lauded sequel outselling original by 32 percent. Full Story
- Posted Nov 24, 2009 9:22 am PT
- 302 Comments
-
Microsoft patents in-game guide system
Researcher's 2008 patent for "User-Powered Always Available Contextual Game Help" shows Microsoft is considering an in-game guide similar to that of New Super Mario Bros. Wii. Full Story
- Posted Nov 24, 2009 5:13 pm PT
- 236 Comments
-
2 million Xbox Live users Facebooked, a-Twitter
Microsoft announces around 10% of its subscribers log onto social networks during first week of 360 integration; 1 million check out Last.fm, 1.7 million peruse Zune video store. Full Story
- Posted Nov 24, 2009 11:27 am PT
- 136 Comments
-
Datel suing Microsoft over memory-unit lockout
British maker of high-capacity, low-price storage units takes legal action against software giant, accusing it of antitrust violation. Full Story
- Posted Nov 23, 2009 5:28 pm PT
- 511 Comments
-
Modern Warfare 2 classification appealed in Australia
South Australian Attorney-General Michael Atkinson says game allows players to be "virtual terrorists;" Classification Board says no appeal has been received to date. Full Story
- Posted Nov 23, 2009 9:05 pm PT
- 243 Comments


90 Comments