Scotland Wants a Piece of the Digital Action
Governments are now seeing the profitability of digital media
Gamesindustry.biz is reporting that the Scottish Digital Media Industry Advisory Group has set forth a plan to increase revenues from digital media (including video games) to 6.3 billion GBP by 2011.
Chairman Stuart Cosgrove stated,
“Many of the simple things we do every day are being transformed by digital technologies – from online news and digital photography, to music downloads, multiplatform television and social networking,” said Cosgrove. “These markets offer huge potential for Scotland and we want to ensure that our companies are able to act on these opportunities. To achieve a step-change in Scotland’s global reputation in digital media, we need to increase the number of companies, encourage them to leverage, own and exploit the platforms on which they operate, and extract more value from intellectual property rights.”
More – http://www.gamesindustry.biz/articles/advisory-body-recommends-digital-focus-for-scotland
DGSpy’s Take
You know the digital media revolution is in full swing when governments want a piece of the action. Game development companies and publishers may be in a better position than ever to negotiate with government bodies on favorable tax breaks to locate their businesses in those areas. We may even see government subsidies start to kick in at some point.