Virgin Interactive Entertainment Inc.

From Wikipedia

Virgin Interactive Entertainment was the video game publishing division of British conglomerate the Virgin Group. Initially built around a small development team called the Gang of Five, the company grew significantly.

As result of a growing trend throughout the 1990s of media companies, movie studios and telecom firms investing in video game makers to create new forms of entertainment, VIE became part of the entertainment industry after being acquired by media behemoths Blockbuster and Viacom, who were attracted by its edge in multimedia and CD-ROM-based software development.

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Admin Note:

• Founded in 1981 as Virgin Games Inc.
• In 1987, Virgin Games Inc. bought the budget publisher Mastertronic and changed their name to Virgin Mastertronic.
• In 1991, Virgin Mastertronic changed their name back to Virgin Games, Inc.
• In 1993/4, Virgin Games Inc. changed their name to Virgin Interactive Entertainment Inc..
• In 1999, Virgin Interactive Entertainment Inc. was acquired by Titus Software.
• On July 1, 2003 Virgin Interactive Entertainment changed their name to Avalon Interactive.
• In 2005, Avalon Interactive went bankrupt with Titus Software.

Admin Note #2: "Virgin Games, Ltd." and "Virgin Games, Inc." ARE NOT THE SAME COMPANY. Virgin Games, Ltd. was formed in 1987 as part of the Virgin Group of companies, but it is NOT the same company as the similarly named Virgin Interactive Entertainment Inc. or Virgin Games Inc. Virgin Games , Ltd. is a gambling company that provides online gambling services, predominantly in the United Kingdom, and licences the brand from Sir Richard Branson's Virgin Enterprises. In 2013, Virgin Games, Ltd. was sold to Gamesys.