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BUSINESS
August 13, 1998 | Bloomberg News
Cendant Corp. said it will sell its consumer software business, which includes Sierra On-Line Inc., and has agreed to sell its Internet publishing unit for about $510 million in cash and stock. Cendant, whose brands include Howard Johnson hotels and Century 21 real estate brokerages, is trying to gain investor confidence after announcing that accounting fraud would force it to restate earnings for the last three years. The Parsippany, N.J.
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BUSINESS
August 13, 1998 | Bloomberg News
Cendant Corp. said it will sell its consumer software business, which includes Sierra On-Line Inc., and has agreed to sell its Internet publishing unit for about $510 million in cash and stock. Cendant, whose brands include Howard Johnson hotels and Century 21 real estate brokerages, is trying to gain investor confidence after announcing that accounting fraud would force it to restate earnings for the last three years. The Parsippany, N.J.
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BUSINESS
November 16, 1994 | From Times Staff and Wire Reports
AT&T Agrees to Buy ImagiNation Network: The company said it signed an agreement to buy the computer on-line service from Sierra On-Line Inc. and General Atlantic Partners for $40 million. AT&T already owns 20% of ImagiNation. The service will become a wholly owned subsidiary of AT&T Corp. The nation's No. 1 long-distance company also said it entered into a contract under which Sierra On-Line will supply interactive programming to ImagiNation Network.
BUSINESS
July 13, 1993 | From Times Staff and Wire Reports
AT&T to Market Sierra Game Network: Sierra On-Line Inc. of Oakhurst, Calif., expects to sign a marketing pact with American Telephone & Telegraph Co. next week, said Ken Williams, Sierra's chairman, president and chief executive. Under the agreement, the telecommunications giant would market Sierra's on-line video game network, the Sierra Network. The network will be renamed AT&T Imagination, Williams said, and will be available in part through 3DO Co.'
BUSINESS
August 15, 2001 | From Reuters
Video game publisher Sierra On-Line Inc., a division of Vivendi Universal, said Tuesday that it would lay off 245 people and close one of its studios as it reorganizes its businesses. Sierra said certain functions in its Bellevue, Wash., office not related to game development will be consolidated as corporate functions of Vivendi Universal Publishing. That will result in 148 job cuts. Sierra will shut down its development studio Dynamix in Eugene, Ore.
BUSINESS
June 8, 1998 | P.J. HUFFSTUTTER, TIMES STAFF WRITER
Forget the simplistic bleeps of classic video games. When today's players sit down with their joysticks, they're listening to hip-hop tunes, bluesy guitar rock and even the warm strains of Beethoven's "Moonlight Sonata." That's why musician Chance Thomas believes soundtracks for computer games deserve the same respect as scores for feature films. "We need to have a Grammy for game music," said Thomas, a senior music producer for Sierra On-Line Inc. in Northern California.
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