News Corporation is seeking an acquisition in the video games market but is not sure whether it can find a suitable target, Peter Chernin, chief operating officer, said yesterday.

Speaking at a conference in Phoenix, Arizona, Mr Chernin said News Corp, the media and entertainment group led by Rupert Murdoch, together with other media companies, was "kicking the tires of pretty much all video games companies". This included Activision, the Santa Monica-based video games publisher that is seeking a buyer, Mr Chernin said.