Tag Archives: closure

LA-based developer becomes latest studio affected by downsizing at Foundation 9

Layoffs enacted as owners look to keep developer running as a smaller operation

A brawl involving upwards of 2,000 workers has forced a unit at infamous Chinese manufacturing plant Foxconn to temporarily close. Police were called in during the early hours of Monday morning to deal with the escalating situation The New York Times reports. Several people were hospitalised and a number arrested. …

Emotional reaction from two former key employees at the famous studio

Console giant calls time on one of the world's oldest developers

After a night of wild rumour and corporate denials, the demise of OnLive in its current form has been confirmed. And as suspected, a new company has emerged as part of pre-agreed bailout deal that will continue to operate the OnLive name and services. We can now confirm that the …

Streaming games company OnLive has been forced to publicly deny reports that it is on the brink of closure. It started with a tweet from InXile Entertainment’s Brian Fargo, who bluntly stated that: Just received an email that OnLive is closed as of today!” This was followed by a report …

Parent company Kuju conducting review of all on-going business activities at Vatra Games

Sonic developer to focus on digital titles and key IP

The cancellation of Inside Xbox has been described as logical by Xbox Europe interactive entertainment VP Chris Lewis. The show, which was broadcast on Xbox Live, was scrapped in May, with Microsoft saying that it had decided to move away from the current first-party produced content model and transition to …