Legal Niches

As THQ Selects Montreal for New Studio, TIGA Laments Lost Opportunity

By pete_gallagher

Game industry group TIGA is using comments from a THQ executive to further press for tax relief for the videogame industry in the UK.

Speaking to GamesIndustry.biz, THQ Executive VP Danny Bilson called the talent in the UK 'extraordinary,' and while he would love to see his company build a new studio in the region, it won't happen anytime soon because 'it's all about money at the end of the day.'

THQ opted instead to build a new 400-employee studio in Montreal, where it will receive tax breaks of 37.5 cents for every dollar spent on labor costs, which Bilson called a "huge win" and would enable the developer to "put more on the screen."

Bilson added: Read More

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Full post as published by GamePolitics.com on October 19, 2010 (boomark / email).