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Time Warner Selling GameTap

sjohnson
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Posted August 6, 2008 - By Stephen Johnson

The Time Warner company is in the process of selling GameTap, a financial report released this morning says. Gametap, a PC downloading service is the home of episodic games like America McGee's Alice and other, older games.

"The current year quarter included an $18 million noncash impairment of GameTap as a result of Turner’s decision to sell its on-line video game business."

Whether this represnts a firm offer on the table or a more loose plan remains to be seen.

Gamasutra: Time Warner: Turner To Sell GameTap

Time Warner Selling GameTap
http://www.g4tv.com/thefeed/blog/post/687935/time-warner-selling-gametap/
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