SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: blake_paterson who wrote (9091)11/2/1998 10:17:00 PM
From: froland  Read Replies (1) | Respond to of 93625
 
All: Nintendo News

Nintendo Beats Sony for Star Wars

The Associated Press
Monday, November 2 1998 07:20 PM EST


NEW YORK (AP) -- Nintendo of America Inc. beat out rival Sony for the
initial rights to video games based on the first of the three new ''Star
Wars'' movies.

Nintendo is expected to announce Tuesday that it was awarded the rights
for two video games tied to ''Episode I: The Phantom Menace,'' which is
due out next May. Terms of the deal were not disclosed.

The games will be available on Nintendo 64, its 3-D video game player,
and its new portable Game Boy color handheld game system.

''Star Wars'' is already the best-selling toy license to date, with millions of
dollars in revenues each year. The ''prequels'' from Lucasfilm Ltd., which
include three new films, will track the early life of villain Darth Vader.

''The ''Star Wars'' franchise is undeniably one of the gold-plated
entertainment properties of the 20th century,'' said Howard Lincoln,
chairman of Nintendo of America.

Under the deal, LucasArts Entertainment Co. will develop and publish the
Nintendo 64 games, while Nintendo will develop the same titles for Game
Boy.

Nintendo will market each of the games and hold exclusive distribution
rights following the release of each game. The first game, which has not
been named, will be released in May in conjunction with the movie
premiere.

The agreement also includes the licensing for ''Star Wars: Rogue
Squadron,'' a new Nintendo 64 game based on the original ''Star Wars''
movie that will be released on Dec. 7.

For Nintendo, the deal comes at the start of the important holiday
shopping season, giving it an edge over market leader and fierce rival
Sony PlayStation.

''This is a big deal because it gives Nintendo the opportunity to put out
''Episode I'' games before anyone else,'' said Sean McGowan, an analyst
at Gerard Klauer Mattison. ''It also gives ''Star Wars'' maniacs a reason
to buy Nintendo (systems) over their competitor.''

LucasArts, however, will still produce computer games based on the
movie, and other video game makers, like Sony, will eventually have the
opportunity to produce games tied to the movie.

''This gives Nintendo limited exclusivity,'' said Mary Bihr, director of
sales and marketing at LucasArts. ''That doesn't preclude it coming out
on other platforms eventually.''

froland.



To: blake_paterson who wrote (9091)11/3/1998 1:45:00 PM
From: Alan Hume  Read Replies (2) | Respond to of 93625
 
Hi Blake,
if you think that 0,5% is accounted for in the current market valuation, then we all well advised to step out of the market for 24hrs on the 17th, because we will be looking at a hell of a correction

Alan