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Jim Greer, formerly of casual gaming giant Pogo, is building a new game network targeted at independent developers. He said his company, Kongregate, plans to launch its initial offering in early 2007. The product will be a web site with user-submitted games featuring microtransactions. Players will pay small fees for additional levels or game features, and the income stream is shared with developers. Think AddictingGames with a revenue model beyond video ads.

AddictingGames

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Contact the writers: ROlson@RedHerring.com, PGanapati@RedHerring.com

: ROlson@RedHerring.com, PGanapati@RedHerring.com