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MTV to expand gaming division

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From Times Wire Services

Viacom Inc.’s MTV Networks plans to invest more than $500 million in its video games business over the next two years.

MTV said its game-related websites had 42 million visitors in June, up 20% from January.

In coming months, MTV will release the game “Rock Band” for Microsoft Corp.’s Xbox 360 and Sony Corp.’s PlayStation 3.

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