Grapevine, Texas - U.S. video game
retail store chain GameStop (NYSE: GME) has purchased a stake in U.K.-based Jolt, a
provider of video game news and a digital distribution platform.
Financial
terms of the transaction were not disclosed.
"Jolt will allow us to test
digital distribution," said Tony Bartel, GameStop's executive vice
president of merchandising and marketing.
"We like the business model of
being able to take IP from publishers, and then help them sell it when they
port it to the browser space."
Related Links:
http://snipurl.com/tbigz
http://snipurl.com/tbigt
(PaidContent)
http://www.gamestop.com
http://www.jolt.co.uk
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