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valunvesthere (23.23)

American, European, and Japanese Inc. has studios around the world

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June 18, 2015 – Comments (0) | RELATED TICKERS: ATVI , EA , TTWO

It's not unusual that interactive entertainment corporations have studios around the world and especially in Orlando. If given corporate tax incentives, incentives for game developers to relocate, attracting game developers to live in new location, and etc.

The part where tax incentives is given for corporations to develop games in a certain jurisdiction is very ineffective for long term job strategy because the jurisdiction has given up some tax revenues and job security for the employees is fragile when the jurisdiction decides to start collecting tax revenues it may force interactive entertainment corporations to layoff employees and relocate to another tax friendly jurisdiction or the interactive entertainment corporations demand the jurisdiction for more tax incentives or it will threaten to layoff  employees or to leave altogether.

I'm not familiar with how many of these American, European, and Japanese interactive entertainment corporations owns real estate that they operate in like offices, studios, and etc., from around the world but I'm really certain that a majority of them leased or rented spaces just in case the tax climate in those jurisdictions suddenly change and they have to pack and leave fast!     

Orlando: The New Silicon Valley of Gaming? 

Bloomberg Business Published on Jun 15, 2015

June 15 -- A new hot spot for the gaming industry is popping up in an unexpected place. Game developers from around the country are flocking to the swampy pastures of Orlando, Florida. Bloomberg's Cory Johnson takes a closer look.

 

 

Orlando Becomes New Video Gaming Hub 

 Bloomberg Business Published on Jun 15, 2015

June 15 -- Bloomberg's Cory Johnson reports on video gaming schooling in Orlando, Florida. He speaks on “Bloomberg Markets.”
 

 

 

Why Orlando May Be the Next Silicon Valley 

 Bloomberg Business Published on Mar 4, 2015

Mar. 4 -- (Bloomberg) Mayor of Orlando Buddy Dyer discusses how technology is transforming Orlando with Cory Johnson on “Bloomberg West.” (Source: Bloomberg)
 

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