FoxNext Acquires Gaming Outfit Aftershock; Alibaba Buys India’s TicketNew; ZDF Invests In ‘Black Ops’ Producer – Global Briefs

FoxNext, the new gaming and VR division of 21st Century Fox, has made its first big play in the gaming space by acquiring mobile-game developer Aftershock. The company, which has offices in Los Angeles and San Francisco, earlier this year spun off from Kabam, after South Korean gaming company NetMarble purchased Kabam’s Vancouver studio in a deal reportedly worth up to $800M. Led by Aaron Loeb, who joins as President of Studios for FoxNext Games and who will report to President Salil Mehta, Aftershock has a number of projects in development including a multiplayer mobile strategy game for James Cameron’s Avatar franchise in partnership with Lightstorm Entertainment. Speaking about the deal, Mehta said: “The studio has an exceptional pipeline of high-quality games in development and we look forward to bringing a new level of entertainment to players around the world.”

 [Source”timesofindia”]