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: GamePolitics.com

Removal of Tax Breaks has Publishers Rethinking UK Investments

By pete_gallagher

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Executives from two of the world's largest videogame publishers indicated that removal of tax breaks for game developers from the UK's budget could have an impact on their plans to expand in the region.

Activision Blizzard Chief Bobby Kotick, told the Financial Times, 'The talent pool in the UK is among the best in the world for what we do. But we really need to see some more incentives. We are seeing great incentives in Canada, Singapore and eastern bloc countries.' Activision currently employs about 700 people in the UK.

Sony Computer Entertainment Europe (SCEE), which has a trio of studios employing around 1,200 might also rethink its strategy in light of incentives being pulled off the table. UK Managing Director Ray Maguire said, 'The existing plans will continue but any further new developments would have to be looked at. Maybe something that was planned for the UK would go abroad now.'
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Full post as published by GamePolitics.com on June 30, 2010 (boomark / email).

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