Atari US files for Bankruptcy.
Atari hasn't exactly had a great few years, and ever since Infogrames purchased the company back in 2001, it has struggled. Games released by the company recently haven't been all that great, except for a couple, such as the recent Sonic and All stars Racing Transformed.
According to the LA Times, Atari’s revenue in 2012 dropped by around 34%, with a 43% drop in the previous year, and profits have been minimal. French parent company, Atari S.A.’s share price is apparently now worth less than a Euro.
The move to file for bankruptcy would let Atari (US) separate itself from the parent company, Atari S.A. and would in turn also free them from Atari S.A.’s debt problems. It is thought that Atari US would then seek a private buyer, allowing them to focus on its own projects, such as games for mobile platforms.
Posted:
Related Forum: Gaming Discussion
Related Articles
Comments
MortarPosted:
2013 does not seem to be a good year for companies, not only in the gaming industry, but also the retail industry. It is sad to hear that Atari has been struggling, hopefully the US sector will be able to escape the money issues brought on by Atari S.A.
ReaimingPosted:
Well, this is rather upsetting.
As for many of us Atari was one of our first consoles.
As for many of us Atari was one of our first consoles.
OrigamoPosted:
Witsel Someone needs to buy into this company before it's to late :/
I agree with you.
AE86Posted:
If atari made games like they used to this wouldn't be happening, too bad it was a great company and one of the few first consoles, and famous ones at it, this led to the Xbox remember that ;D
ImNotPhlegmAnymoreOKPosted:
Well this is a shame. Atari could do better, I grew up loving the games and console.
Latest Downloads
- 01. Euro Truck Simulator 2: SaveGame (6.16% Roads, All DLC) [1.51.1.1s](0)
- 02. My Summer Car: SaveGame (Quest: Failed Drift)(0)
- 03. SnowRunner: SaveGame (all trucks are open) [32.1](2)
- 04. [PS4/EU] Hatsune Miku: Project DIVA Future Tone 100% Trophy Save(4)
- 05. Silent Hill 2 Remake: SaveGame (Motel Jacks, NG+)(1)
- 06. Phasmophobia: SaveGame (XX-2000, $594,965,799, 3 apocalypse skulls + bonus)(2)
- 07. Satisfactory: SaveGame (Observation deck)(1)
- 08. [EU] Sniper Elite 5 - Best Of The Best (CUSA16075)(7)
- 09. Voices Of The Void: SaveGame (All improvements for work + 7 days passed) [0.8.0](1)
- 10. Silent Hill 2 Remake: SaveGame (NG+, ending "Maria")(1)
- 11. Five Nights at Freddy's- Security Breach Save(9)
- 12. Commandos 2 - HD Remaster: SaveGame (All missions are open)(0)
- 13. Black Myth: Wukong - SaveGame (100%, NG++)(4)
- 14. Mindjack save xbox(0)
- 15. mindjack ps3 save(0)
Latest Tutorials
- 01. PS3 HEN - Audio via a USB headset.(311)
- 02. Stumble Guys | Social Butterfly Achievement(201)
- 03. Last Days of Lazarus Achievement Walkthrough (Xbox/PS)(1,462)
- 04. EDENGATE: The Edge of Life - 100% Trophy/Achievement Guide(1,824)
- 05. Sherlock Holmes Chapter One | Walkthrough | No Commentary(1,464)
- 06. Morbid: The Seven Acolytes | Full Game Walkthrough(2,442)
- 07. Adam Wolfe | Full Game Walkthrough | No Commentary(1,575)
- 08. ALFRED HITCHCOCK: VERTIGO - 100% Walkthrough(1,898)
- 09. SHERLOCK HOLMES THE AWAKENED | Walkthrough | No Commentary(1,335)
- 10. Space Roguelike Adventure | Guide - Cheat Code!(1,536)
- 11. DETECTIVE Stella Porta Case | Trophy & Achievement Guide(1,195)
- 12. Tunic 100% Platinum Walkthrough | Trophy & Achievement Guide(1,826)
- 13. Outbreak: The Nightmare Chronicles Achievement Walkthrough(1,465)
- 14. Full Void 100% - Trophy & Achievement Guide(1,445)
- 15. Outbreak: Lost Hope #Xbox Achievement Walkthrough(2,287)
"Atari US files for Bankruptcy." :: Login/Create an Account :: 34 comments