Peter Kafka

Recent Posts by Peter Kafka

Break Media Makes Another Gaming Move, Acquires FileFront Networks

Another move into gaming for Break Media, the dudecentric Web network. The Los Angeles-based company has acquired FileFront, a network of videogame sites.

The companies haven’t disclosed a purchase price, but a person familiar with the transaction said it was a cash deal in the “low- to mid-seven figures.” I assume, but don’t know, that there’s an earn-out clause as part of the deal.

Last month, Break announced plans to start developing its own lightweight Web games, following a path blazed by the likes of Zynga and Playfish, a unit of Electronic Arts (ERTS). FileFront comes at gaming from a different perspective–like News Corp.’s (NWS) IGN and CBS’s (CBS) GameSpot, it is heavy on videos, reviews, and guides, etc., to big-budget videogames, typically played on Sony’s (SNE) PS3 or Microsoft’s (MSFT) Xbox 360 consoles.

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work