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20°

Rockstar founder finds a new way to fund game development

From Siliconera:

4mm Games came on the scene this year with Rockstar co-founders Jamie King and Gary Forman at the helm. Def Jam Rapstar, a hip-hop rapping game with video sharing features, will be the first title from the New York based studio.

How did a brand new studio get the funding to develop a game and pick up the Def Jam license, which juggernaut Electronic Arts previously held? I spoke with Nick Perrett, CEO of 4mm Games, to find out.

Why did you want to join 4mm?

Nick Perrett, CEO: One of the things I was most interested in before I came on board 4mm is there was this concept of the developer getting funding that would allow them to retain control of their IP (intellectual property) for a lot longer than they would normally do. They would have the freedom to choose who their publishing partner would be rather than 'I'm going to run out of money next month, I need to go with this guy.'

How did you get funding to start the studio?

The company we're working is CEA Autumn, it's a new fund. CEA is actually a media investment bank in New York and they have like forty funds and a billion dollars under management. They do everything from mobile to mainstream publishing and they didn't have any presence in games.

Their basis in entering it is it's one of the best areas of entertainment to make money. Really, we have a great relationship with them and it's slate oriented. It's like film financing where you get a slate of films. We're being funded for a slate of games.

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siliconera.com
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150°

Konami and Autumn Games made off with $14 million, says City National Bank

GameDynamo - "Looks like Konami and Autumn Games are due in court. City National Bank claims that the two companies defrauded the bank of funds totaling $14 million dollars related to the development of Def Jam Rapstar. According to City National, the two companies lied to the bank to secure Autumn a line of credit, claiming that revenue from sales for the karaoke title would cover the loans."

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Community4348d ago
jc485734348d ago (Edited 4348d ago )

they also lied to us about Silent Hill HD Collection being everything like the originals. Shit, I take them to court too.

black9114348d ago

I love Def Jam Rapstar I hope they make a sequel.

Ethereal4348d ago

That game did not sell at all. Ouch...I still have 18 copies sitting around at work.

Tonester9254348d ago

I wish they would've made a new Def Jam fighting game like Fight For New York. Now that would've sold! That's what happens when you try to follow trends.

black9114347d ago

With this gen since online is so big. WHy dont they being back games like Def jam FFNY on PSn or xbox live with online play that would be amazing. I would love to play all my old ps2 games games online like nfl 2k5,fight night,twisted metal black,ssx,granturismo3 etc.

160°

Def Jam Rapstar developers sued over disputed song rights

Eurogamer:

The developers responsible for 2010 music title Def Jam Rapstar are being sued by record label EMI for allegedly failing to clear the rights to tracks featured in the game.

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Community4403d ago
THILLREBORN4404d ago

hahahaha that's rich you would think all that stuff would be taken care of um I don't know before it launched lol

KrimsonKody4403d ago

Contracts with music companies can be very detailed & difficult. Depending on the songs used, the music label may have rights to the song, but don't issue royalties to that artist anymore. & to deepen the situation, that artist can then request $, for the usage of the song. Not to mention the multiple artists that may be involved. Things like that would cost the music label $.

"& they don't want that,-Nooooo!"
(Jay-Z_Takeover)

But it could just be a case of "no, you can't use that song".
However;
Damn! 54 tracks? I thought maybe a handful or so.
That's heist.

110°

Playstation Home Hits the Studio and Goes Overboard

June 23 marks the spot when Def Jam Rapstar, Lockwood Publishing, and more make their way into your home. Your Playstation Home that is.

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Community4685d ago
honestpizza4685d ago

Does anyone even use Home anymore? I thought it was still in beta mode.

t0mmyb0y4685d ago

Always people on it. It is still in beta though lol

GregoryAllen4685d ago

Now I can show off my (absolutely no) musical talent to all my (soon to be non existent) friends!

Sarobi4685d ago

I haven't logged onto Home for about three months, i guess i'll check it out later

NyGiants74685d ago

I deleted Home awhile ago to make room on my ps3. I think Home is completely boring and has long ass load times.

Redempteur4685d ago

it has changed since then ..

NyGiants74685d ago

I go back to it like every 4 months or something like that and it's always the same, plus almost everybody on there is either trying to get a fake girlfriend or some shit or just standing there holding the psp on the pause menu.

Redempteur4685d ago (Edited 4685d ago )

/facepalm ...

first the long ass load times are gone,
second it's freaking easy to find something to do in home.
Third it has been proved in Several event ( co-op or not ) that if you talk to people in home normally , they will answer normally ..and in most case don't hésitate to help .

Be it sodium one, Xi , aurora , or sony events ( move event for example) or countless others ones i've played , i've find many players and people willing to help /or play ..the problem here is not HOME but you being unable to socialize enough.

I dunno , check alphazone or the sony foroms.. getting into the home community is easy and simple .. i suspect that you're going every x months, and don't TRY and of course it's home's fault not you. you probably didn't even try to get into Home events . i mean there was a time where people were lining up for street fighter tournament , resistance matches in HOME ... that's how diverse the community is ..
as for myself have found several very good burnout paradise players ..

there is always something to do in HOME try it ( FOR REAL this time)

user83971444685d ago

Theater was packed during Sony's conference.

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