Canadian wunderkind wins Potter deal
Article Abstract:
Don Mattrick has used his influence to help Electronic Arts Inc. (CA), an entertainment software giant, in obtaining video game development rights for Harry Potter video games. Harry Potter is set to begin casting his spells over video gamers, now that Electronic Arts has obtained worldwide rights from Warner to develop computer and video games based on the series and planned movies. The multiyear deal covers all game platforms including the Internet and handheld game devices. Terms of the agreement, announced last week, were not released. The video game market is lucrative with approximately US$12-billion in sales each year in North America and Europe alone. Sales at Electronic Arts were $1.4-billion in fiscal 2000. Analysts say the Potter games could help Electronic Arts broaden its demographic reach to younger players, as well as to adults who do not normally pick up a joystick or mouse for entertainment.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
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Canadian Web sites a hit at home: survey
Article Abstract:
Canadian web-surfers favor homegrown Web sites especially when its comes to news, according to the survey of national Internet habits. For financial news 51% of those surveyed said they prefer Canadian sites. And when it comes to sports news, 36% choose domestic sites but entertainment news is an area where Canadian Web sites are lacking. Cost is a major motivating factor for keeping Canadians tuned to domestic e-commerce sites, because they want to keep money in Canada.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
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Hurricane chops 1,000 jobs in Kazakstan
Article Abstract:
Hurricane Hydrocarbons Ltd is eliminating over 1,000 employees in Kazakstan as part of its plan to reduce spending by 35%. The move comes at a time of weak oil prices and payment disputes with a crude refinery in the country. The Calgary, Canada-based oil producer intends to lower its operating costs, which fall between $30 million and $35 million annually. Hurricane will also cease its social development role in Kazakstan.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
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