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Hits and Misses

Hits and Misses

MTV Launches Video Game Division, After Killing Video Game Division

This seems like a strange one two punch. Back in February Viacom announced that it was shutting down MTV Games, which published the blockbuster hit Rock Band.

Today Viacom announced that MTV Networks will launching a new arm, 345 Games, to produce titles based on popular television shows like Ugly Americans and Deadliest Warrior.

Hopefully someone found a little corporate synergy in this whole switcheroo.  Read More

Hits and Misses

Fred Wilson: Airbnb Will Be a Billion-Dollar Business, and We Missed It

Airbnb office

Union Square Ventures VC Fred Wilson (who was featured in the Silicon Alley Reporter 100 list we rehashed today) wrote a post this week about what sounds like it might be his biggest regret as an investor: Passing on Airbnb, the San Francisco-based company that built an online marketplace where people can rent and list extra space, enabling anyone to run a bed-and-breakfast. Read More