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 Send to email | Massachusetts Ponders Cutting Game Devs A Break [Tax Breaks] in tax breaks Georgia Industry Massachusetts |  By Leigh Alexander
el 07-Jul-2008 |  The Massachusetts Legislature is considering extending film industry-style tax breaks to game developers to boost the industry there, the Boston Globe reports.
Currently, a bill still in its early stages geared to provide subsidies for film studios that set up shop in the state includes similar support for game development. Game developers in Massachusetts would be able to claim tax credits for 20 percent of the cost of establishing a facility, if they invest at least $500,000 of their own money - the same initiative recently signed into law in Georgia. With 1,000 video game industry employees, Massachusetts ranks fifth in the country behind California, Washington, Texas and New York as far as how many developers are employed in the industry there, according to the ESA. Turbine, Blue Fang Games and Harmonix are all headquartered in the state. It remains unclear whether the bill will achieve final approval, but a legislative committee recently passed it by a narrow 5-4 margin. Turbine CFO Peter Faubert talked to the Globe about how the tax credit might help the company expand: Peter Faubert, Turbine's chief financial officer, said film-style tax credits could be a boon for video game companies. He said Turbine, which has been growing rapidly and recently raised $40 million in venture capital, is searching for a larger headquarters in the Boston area. The company has 300 employees, but plans to hire as many as 100 more by the end of 2009 and requires additional space. Faubert said some towns have already mentioned the possibility of offering Turbine property tax incentives, though they probably won't be large enough to affect the company's decision on where to site its headquarters. "We're trying to make our plans based on our business today, rather than a tax incentive," he said. But Faubert said tax credits could help the business expand further.
Game makers may get a break [Boston Globe via Develop]
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Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
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| Georgia offers tax breaks to game industry |  Filed under: Culture, Business
Apparently game developers can hitch a ride with the devil if they're looking for some tax breaks. According to the Duluth Weekly, Georgia Governor Sonny Perdue signed into law the 2008 Entert [..] Read complete article | | Published 14-May-2008 by Alexander Sliwinski in georgiaperduesonny-perduetax-breakstaxbreaks
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| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| DVD Box Set Confirms Prison Break Game [Prison Break] | | An advertisement in the recently released season DVD box set for the Fox television series Prison Break confirms that there is indeed a game based on the show coming out in February for the PlayStation 3 and Xbox 360. Brash Entertainment, known for their movie adaptations li [..] Read complete article | | Published 15-Aug-2008 by Mike Fahey in Prison Break brash entertainment News PS3 TV Xbox 360
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| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Prototype, Bourne Devs Given The Arse By Activision [Activision] | | In July, Activision said they'd be "realigning" staff at High Moon Studios (Darkwatch, Bourne) and Radical Entertainment (Prototype), following their merger with Vivendi. "Realigning" is such an empty word. What they really meant was they'd be swinging the axe, cutting ar [..] Read complete article | | Published 14-Aug-2008 by Luke Plunkett in Activision Business high moon studios News Radical Entertainment
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| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
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| Marriage equality in California | | California is set to join Massachusetts as a hotbed for equality:
Same-sex couples have a constitutional right to marry, the California Supreme Court ruled Thursday.
The court’s 4-to-3 decision striking down state laws that had limited marriages to unions between a man and a woman makes California only the second state, after Massachusetts, to allow same-sex marr [..] Read complete article | | Published 15-May-2008 by Thoughts in Policy and Politics
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Filed under: Culture, Business
Tiga, a trade association for game developers in the UK and Europe, made a statement today that tax incentives in other territories are hurting UK games development [..] 
Filed under: Culture, Business
Tiga, the trade association for game developers in the UK and Europe, points to Wisconsin's recently passed incentives for game developers as a sign for the UK government to get on the tax break ball. [..] 
Two AOL sources report more cost-cutting in progress:
Washington-NY jet shuttle eliminated as of 8/1 (Confirmed by second source). Can't say we blame them--who wants [..] 
