MTVN Invests in Web Gaming

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NEW YORK MTV Networks’ Nickelodeon Kids and Family Group plans to make a major commitment to the booming casual gaming space, as the company pledged to spend $100 million over the next two years to develop new games and gaming platforms.

That investment will lead to a host of new Web-based games (both of the subscription-based and advertising-supported variety), spanning several MTVN brands, including Nickelodeon Noggin and The N as well as the company’s pre-existing Web properties Shockwave, AddictingGames and Neopets.

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