Silicon Knights developing new video game funded by OMDC

Silicon Knight, the developers of the Xbox 360 exclusive Too Human, has announced that it is working on a new third person action/psychological thriller for the Xbox 360, PlayStation 3, and the PC. Expected to be released by 2010, this new video game will be funded by a project called the Video Game Prototype Initiative. For more information, head on over to the full article.

Silicon Knight, the developers behind the Xbox 360 exclusive Too Human, has announced that it is working on a new third person action/psychological thriller for the Xbox 360, PlayStation 3, and the PC. The game is expected to be released by 2010

This new video game is currently being funded by the Ontario Media Development Corporation (OMDC) which has currently invested US$ 1 million through a project called the Video Game Prototype Initiative. This is part of an effort to help video game developers retain a greater share of the intellectual property and make it easier for them to demand higher royalty payments.

Denis Dyack, the President and founder of Silicon Knights, was very pleased with this turn of events. He noted that Ontario, and Niagara in particular, is an excellent place for a company to grow and that the OMDC’s funding through the Video Game Prototype Initiative, clearly shows that the Ontario government is on the same page.

This new movement is an interesting attempt at encouraging the video game industry’s growth in the specific region. If it proves to be fruitful, then we can probably expect other organizations to follow suit.