Business

Former Gamerspot Reviewer Now At IGN

It didn't take too long for the displaced game reviewer Jason Ocampo to find a new home. As reported Wednesday, he left Gamespot, the fifth departure from the company since November 2007, for the wild blue younder. Kotaku reported that he had found a home at IGN, as their new PC Editor-in-Chief.

Gamespot's Latest Departure or What Happens When Sales Takes Over Editorial

Gamespot's editorial team is getting smaller by the minute with the announcement that Jason Ocampo as the latest to leave the company. So far, the head count of those who've left since November 2007 is up to five.

Starbucks CEO Howard Schultz's TAC #8 Decoded

With Starbucks' stock price falling to early 2004 levels, returning CEO Howard Schultz mandated a three and a half hour closure of all the chain's nearly 7,100 retail stores for a "historic in-store education and training event." Its competitors took advantage of the temporary store closures to offer their coffees either for free or at reduced rates.

Getty Images Sold for $2.4 Billion

Getty Images, the largest distributor of commercial images and video, has sold to private equity firm Hellman & Friedman for $2.4 billion. The company makes its money by re-licensing images and videos from professional photographers and videographers to the media companies.

Variety On The Block

The parent company of industry trade mag Variety is putting it's business-to-business magazines up for sale, according to The Hollywood Reporter. Reed Elsevier Inc. hopes the sale will reduce their "exposure to advertising markets and cyclicality." More at Deadlinehollywooddaily.com.

Candy Land The Movie?

Based on the success of Transformers, Universal Pictures has entered in a six-year partnership with the toymaker Hasbro to produce as least four feature films based on other properties, Variety has learned.

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