informa
1 MIN READ
News

Report: NBC on Verge of $100M Investment in SCi

Media conglomerate NBC Universal could be in the final stages of a $100 million investment in UK-based SCi Entertainment Group, which owns Eidos Interactive. SCi could also be soliciting increased ownership by Warner Bros. Entertainment, which already ho
Major media conglomerate NBC Universal is in the final stages of a $100 million investment in UK-based SCi Entertainment Group, which owns publisher Eidos Interactive, according to a Financial Times report. The move would make NBC a major shareholder. SCi could also be soliciting increased ownership by Warner Bros. Entertainment, which already holds a 10.3 percent stake in the company. Though SCi did not weigh in on the report, the Financial Times claims that a deal with either NBC or Warner could occur within the next two weeks. Last year, the company confirmed it was undergoing talks of acquisition, following persistent financial problems. This past January, those offers fell through, and key SCi leadership departed. The offers would put the company on a path to raising needed funds. CEO Phil Rogers, who joined the company after previous CEO Jane Cavanagh left, stated last month that SCi must raise GBP 45-55 million ($89.8-$109.7 million). He also instituted significant restructuring and budget-cutting plans intended to help turn the company around.

Latest Jobs

Xbox Game Studios

Redmond, Washington
10.5.22
Technical Lighting Artist

Innogames

Hamburg, Germany
10.5.22
Game Designer - Elvenar

Six Foot

Houston, TX
10.3.22
Six Foot Director, Player Relations

Hometopia Inc.

Remote
10.7.22
Lead Engineer
More Jobs   

CONNECT WITH US

Explore the
Subscribe to
Follow us

Game Developer Job Board

Game Developer Newsletter

@gamedevdotcom

Explore the

Game Developer Job Board

Browse open positions across the game industry or recruit new talent for your studio

Browse
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more