Speculation that RTW â??pet projectâ?? was bought under condition of anonymity

â??Hetherington connectionâ?? in MyWorld buyout

Realtime Worlds former chairman Ian Hetherington is said to have bought back the project he lost when Realtime Worlds went into administration.

Hetherington, the former founder of Psygnosis (now Sony Liverpool), has been repeatedly linked to the anonymous company that bought Project MyWorld last week.

Regional newspaper The Courier speculates, however, that Hetherington has not fronted all the money for the MyWorld buyout.

Connections in the matter remain unclear, for now.

A spokesperson for Realtime Worlds’ administrators declined to comment.

It is thought that the firm now in ownership of Project MyWorld had bought the IP with a confidentiality clause in place.

The specifics of the matter, including the number of jobs lost and saved, has so far proven to be well protected.

Realtime Worlds was placed in administration last month after “lacklustre sales” of its exorbitant five-year project, APB.

About MCV Staff

Check Also

470 Pacific [Industry news] Pacific Standard Creative Launches as New Division of Pacific Standard Sound, Merging World-Class Film, Television, and Video Game Capabilities

[Industry news] Pacific Standard Creative Launches as New Division of Pacific Standard Sound, Merging World-Class Film, Television, and Video Game Capabilities

Pacific Standard Sound (PSS), the award-winning sound design and full service post production and sound company whose work spans some of entertainment's most iconic properties, today announced the launch of Pacific Standard Creative (PSC), a new division purpose-built to serve the evolving storytelling and production needs of video game development studios, advertising agencies, trailer houses, and independent productions who demand world-class sound without compromise. Pacific Standard Creative will be helmed by industry veteran Eric Marks, who brings more than a decade of audio and engineering leadership, as well as two years as the Vice President of the Motion Picture Sound Editors (MPSE).