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.
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VibeEditzPosted:
MoanDevastator4455 this is depressing, Game companies like Treyarch, activision, Bungie, 343 Industries are putting famous companies out and its all over back washed games.
Although they are good games, we have to remember some of the companies that made gaming the way it is today :D
That's very true, where would they be now if it wasn't for companies like Atari.
Bungie making back washed games? Are you serious? And by the way Atari was only made 14 years before bungie, not that big of a difference, when was Combat Evolved made?
MoanPosted:
Devastator4455 this is depressing, Game companies like Treyarch, activision, Bungie, 343 Industries are putting famous companies out and its all over back washed games.
Although they are good games, we have to remember some of the companies that made gaming the way it is today :D
That's very true, where would they be now if it wasn't for companies like Atari.
SynybunPosted:
Feet What would they be spending all there money on?
It's just the fact that they are no longer making any money.
Devastator4455Posted:
this is depressing, Game companies like Treyarch, activision, Bungie, 343 Industries are putting famous companies out and its all over back washed games.
Although they are good games, we have to remember some of the companies that made gaming the way it is today :D
Although they are good games, we have to remember some of the companies that made gaming the way it is today :D
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