France to offer tax credits on video games
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France is to offer tax credits to  encourage local companies to develop video games, the Ministry  of Culture said on Thursday.
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US GROUP Electronic Arts, the world&#39;s largest video game maker, has acquired 19.9 per cent of French rival Ubi Soft Entertainment from Talpa Beheer for an undisclosed sum.
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Casual game developers will soon be able to share in some of the revenue from MSN Games thanks to a new system developed by Microsoft. The new option  could mean as much as $250,000 in shared revenue for the five most popular titles.
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PARIS, Jan 5 (IPS) - The French government plans to earmark 150 billion   dollars over the next 30 years for nuclear power plants,  including the  International Thermonuclear Experimental Reactor  (ITER), despite experts'  warnings on technological and  environmental problems.
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The video game industry intends to establish a political action committee to donate money to game-friendly politicians and candidates.
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Electronic ArtsÂ interest in buying up a piece of Ubisoft draws an arrow on the odd paradoxes of the video game industry in France.
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Congress is investigating whether the IRS should tax online game loot.
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Vivendi Universal will create 2,100 jobs over five years as part of a deal agreed with the French government allowing the French media and communications group to book tax credits under a new regime, the French finance ministry said.
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A tax rebate is at the center of a plan to stimulate a flagging economy.
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The Scottish government recently announced that its anti-drinking and driving campaign will utilize video game ad space.
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France's President Nicolas Sarkozy suggests new taxes on internet and mobile phone use to fund advert-free TV.
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If the video game industry is beginning to rake in revenue that rivals the movie industry, it's also beginning to accumulate Hollywood-like headaches.
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French video game  publisher Ubisoft is entering the CGI entertainment business in  a big way, with plans to invest almost $400 million in an  expansion of its production center in Montreal with a goal to  make movies.
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Utah is offering tax rebates to The Walt Disney Co.'s video-game unit if it creates at least 500 jobs within 10 years.
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Germany and France have agreed that a future combination of European Aeronautic, Defense and Space Co. and Thales SA must benefit both countries&#39; interests, Economics and Labor Minister Wolfgang Clement said.
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French finance minister Nicolas Sarkozy unveils a budget with a promise to bring the deficit under control and high-profile tax breaks.
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EU regulators said they were opening an investigation into whether proposed tax breaks for the French video games industry constituted legal support for &quot;genuine cultural projects.&quot;