Execs form blandly named online music game company, Music Video Games

Two industry old-timers have combined to launch Music Video Games & Trade (MVG), a music games website.

The website, which will cater to music fans and casual gamers, is the result of the joint efforts of David Warhol, president of video game studio Realtime Associates, Inc., and Vincent Bitetti, a video game publishing executive and former CEO of TDK Mediactive (bought by Take-Two in 2004).

The newly formed Music Video Games, LLC, is vying for a small piece of the online casual gaming pie. According to Pacific Crest Securities, the online causal gaming industry is going to rake in $750 million this year compared to the $375 in 2006.

Music games are still a novelty in the online casual gaming space and so the website makes perfect business sense. As MVG is mainly targeting casual gamers, many of whom have probably not experienced popular music games on consoles, it will be something different for these gamers. The website is live but it is still not known when the first games will become available. Hopefully the games will be fun.

Read [Addict3d] Site [Music Video Games & Trade]