COMPANY TOWN ANNEX - Los Angeles Times
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COMPANY TOWN ANNEX

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From Times Staff and Wire Reports

BMG and Sega Invest in Rocket Science Games: Sega Enterprises and Bertelsmann Music Group have invested a total of $12 million in Rocket Science Games, a small Palo Alto-based multimedia start-up that hopes to become the interactive age’s equivalent of a major movie studio. The company said Sega’s investment includes funding from Japan-based CSK Ventures. In the 10 months it has been in business, Rocket Science has gained notoriety for recruiting high-profile talent from both Hollywood and Silicon Valley to work on its sophisticated computer and video games. Veteran actor Ned Beatty stars in the company’s first CD-ROM game, “Loadstar,” due out this fall. BMG has agreed to distribute the firms’ products in Europe.

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