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Smedley announces SOE is no more, becomes Daybreak Game Company
In a surprising move, CEO John Smedley just announced on Reddit that Sony Online Entertainment is leaving behind its Sony roots and becoming Daybreak Game Company after being acquired by the investment firm Columbus Nova. This change allows the company to publish online games on multiple gaming platforms, including the XBox. Smedley also assured players via Twitter that all of the games in the company's portfolio are staying and will continue to be a part of the new company. Here's the full announcement plastered on the official forums of each of the company's games: Dear Players, Partners and Friends, Today, we are pleased to announce that we have been acquired by Columbus Nova, an investment management firm well known for its success with its existing portfolio of technology, media and entertainment focused companies. This means that effective immediately SOE will operate as an independent game development studio where we will continue to focus on creating exceptional online games for players around the world, and now as a multi-platform gaming company. Yes, that means PlayStation and Xbox, mobile and more! As part of this transition, SOE will now become Daybreak Game Company. This name embodies who we are as an organization, and is a nod to the passion and dedication of our employees and players. It is also representative of our vision to approach each new day as an opportunity to move gaming forward. So what exactly does this mean for you? It will be business as usual and all SOE games will continue on their current path of development and operation. In fact, we expect to have even more resources available to us as a result of this acquisition. It also means new exciting developments for our existing IP and games as we can now fully embrace the multi-platform world we are living in. Our games and players are the heart and soul of our organization, and we are committed to maintaining our portfolio of online games and pushing the limits of where we can take online gaming together. Thank you for your continued support. See you in game! The Team at Daybreak
Report: Harmonix buyers pay $49.99, accept company liabilities
Got $50? Sorry, buddy, you totally missed out on buying Harmonix. All Things Digital's Peter Kafka reports that the Rock Band and Dance Central studio's re-independence cost investment group Columbus Nova $49.99. Of course, the math gets a little tricky from there: Harmonix's buyers assumed responsibility over liabilities, including "music rights fees ... responsibility for lots of unsold games and equipment sitting on warehouse shelves." The sale will reportedly net Viacom $150 million in tax benefits -- it spent $175 million to buy the music company in the first place. Kafka also notes the "fire sale price" can't be comforting to Harmonix employees, as he believes the studio is "likely going to be facing a very serious restructuring."
