Media Mogul Barry Diller Takes Majority Stake in GarageGames

[Cartman]

Did you guys read this?

http://biz.gamedaily.com/industry/feature/?id=17456

[MrPhil]

Hmmm... the GarageGames site isn't saying anything. Seems like they'd wanna break the news to the community first?

Edit: Oh, there is blip about it on the GarageBlog claiming more details will come tomorrow from Josh.

[GarageGames]

Those more details from Josh are up on the site now.

[Cartman]

Fundamentally... did we sell out?
Being perfectly honest, no, we didn't.

I'd love to hear someone actually say:
Yes we sold out. I couldn't sell my shares fast enough. Bring on the cash baby! Can't talk, heading to the beach house in Maui.

[MrQ]

I just saw this on gamebiz, was going to post it up here too

I hope the Garagegames guys get a good deal out of this. After the Dynamix/sierra thing it was really good to see Gargegames startup.
Best of luck!

P.S. Tribes2 is the bomb

[MrPhil]

We didn't announce it right away because we didn't want to do one of those vaporware releases you so often see. In most cases, people jump up and down about doing a deal, talk about all the crazy stuff they'll be doing, and then go dark for several months as they scramble to actually get something done.

I have to give him credit on this one and I'm looking forward to those forth coming concrete details.