Sony Pictures Sells Game Show Network's Mobile Gaming Subsidiary To Scopely For $1B - NewsBreak

Sony Pictures Entertainment has sold GSN Games, a division of its Game Show Network subsidiary, to mobile gaming specialist Scopely for $1 billion. Half of the purchase price will be paid in cash and the other half in preferred equity. The deal, subject to the customary review by regulators, will give Sony Pictures a minority stake in Scopely. The privately held firm, which launched in 2011, has gaming franchises like Star Trek Fleet Command, Marvel Strike Force, Scrabble Go, WWE Champions and Yahtzee with Buddies.