Reuters runs an article today about MTVN’s plans to invest a large chunk in games:
MTV Networks plans to invest well over $500 million in video games, seeing the red-hot entertainment category as a major pillar of growth in its goal to reach consumers wherever they spend time.
…a major phallic pillar of growth…
“Media companies are crazy trying to bring video-game development in house,” Wedbush Morgan analyst Michael Pachter said about developing complicated console games. “They act like anyone can do this. The fact is not everyone can.”
… which in turn may become very good news for all us independent game developers.