Evidently fifty bucks is all it takes to purchase a developer that was once bought for $175 million, provided the genre they specialize in has hit a tremendous cold streak. Go here to read the rest: Report: Viacom Sold Harmonix for $50

As part of the U.K. Read more: Kotick: U.K.’s Scrapped Game Tax Breaks "Terrible Mistake"

The Independent Games Festival has announced the nominees for their 2011 indie games awards, and unsurprisingly, break-out hit Minecraft is among the contenders for the $20,000 Seumas McNally Grand Prize. Along with Minecraft, the other contenders for the grand prize include Amnesia: The Dark Descent...