GameTap for Sale
Atlanta Journal-Constitution has word that Turner Broadcasting is seeking a
buyer for GameTap, Turner's free and
subscriber online game service. This revelation appeared in Turner's second
quarter earning results, which also "mentioned an $18 million noncash impairment
attributed to the sale of GameTap." As of now no potential buyers have been
identified, but
Gamasutra
(thanks Mike Martinez) got the following optimistic statement from Turner: "There is
considerable marketplace interest in the GameTap business and brand," said a
Turner spokesperson of the pending sale. "We are considering various strategic
options, but have reached no final agreement as yet. When there is a resolution,
we will announce it."
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