CDRInfo Forum CDRInfo Forum

Forums  Register  Login  My Profile  Inbox  Address Book  My Subscription  My Forums 

Photo Gallery  Member List  Search  Calendars  FAQ  Ticket List  Log Out

Acclaim Closes Studios!   Logged in as: Guest
Viewers: 625 You can click here to see Today's Posts | Most Active Topics | Posts Since Last Visit
  Printable Version
All Forums >> [News Around The Web] >> Game News >> Acclaim Closes Studios! Page: [1]
Login
Message << Older Topic   Newer Topic >>
Acclaim Closes Studios! - 8/30/2004 9:54:10 AM   
T3TRISizer


Posts: 2296
Joined: 6/14/2002
From: NYCity, USA
Status: offline
It appears that Acclaim is in the midst of its final death throes. The long and illustrious career of this US games company seems to be coming to a close with the closure of a few development studios and a raft of redundancies.

With a loss of 130 jobs the Manchester studio was closed down this morning with the staff there allegedly unpaid for this month. This follows yesterday's closure of the Acclaim building in Austin, Texas workers there were reportedly locked out of their offices due to unpaid rent, no the first game's developers to experience such a morning in recent months. Earlier this week the troubled company speculated that bankruptcy might be a possibility but they were currently seeking additional funding. While the search for supporting cash no doubt continues things for the company look very bleak indeed with a filling for Chapter 11 bankruptcy expected in the next few days.

What this will mean for Acclaim's forthcoming releases, such as street racer Juiced and a new The Bard’s Tale game, is anyone's guess. The vultures will be stretching their wings, so hope remains for the games, at least.


Source : Ferrago
Post #: 1
Page:   [1]
All Forums >> [News Around The Web] >> Game News >> Acclaim Closes Studios! Page: [1]
Jump to:





New Messages No New Messages
Hot Topic w/ New Messages Hot Topic w/o New Messages
Locked w/ New Messages Locked w/o New Messages
 Post New Thread
 Reply to Message
 Post New Poll
 Submit Vote
 Delete My Own Post
 Delete My Own Thread
 Rate Posts




Forum Software © ASPPlayground.NET Advanced Edition 2.4.5 ANSI

0.031