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Flagship Lives!?

A post on the Flagship Studios Website contradicts reports that Flagship has closed, though they do grant that most of their employees have been laid off. They do say, however, that they are still owners of the IPs for both Hellgate: London and Mythos, but that they are currently not accepting new Hellgate: London subscriptions, nor are they billing current subscribers:

San Francisco, CA (July 14, 2008) -- Flagship Studios has announced today that despite rumors to the contrary, the company is still operating.

“It is with deep regret that I must announce that Flagship Studios has laid off most employees. However, the core management and founding team members are still at Flagship.” said Bill Roper, CEO of Flagship Studios. “The past five years have been an incredible experience for us, but unfortunately, we couldn’t sustain the size of the company any longer.”

Flagship Studios owns the rights to all its technology and IP, including Hellgate: London and Mythos. Due to the current situation, Flagship will not be taking any new subscribers for Hellgate: London, and all current subscriptions will not be billed.

Flagship wishes to extend their heartfelt thanks to those that have supported the company and games over the past five years.

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28. Re: Kinda... Jul 15, 2008, 23:50 JohnnyRotten
Is that why one ex-Flagship employee stated that the 3 top guys (Roper included) dug into their own pockets and paid everyone a months salary? Granted I don't like Bill, but it's nice to hear that even with the company doing horrible and having to let everyone go, they aren't just kicking them out.

Any payout and size of payout are just an unconfirmed rumors at this point. We'll have to wait until a few former FSS types step forward and let us know the truth.

Regardless, if true, it tells me two things:

[1] How much money senior management made during this whole fiasco, and how little vested the worker bees were.

[2] That senior management didn't let the worker bees know how bad things were and basically locked the doors after they left one day.

Again, if true, it's a nice gesture, but quite frankly, if I worked at FSS, I would have rather been kept in the loop on the stability of my company all along, and then be able to make my plans accordingly. My feeling is that the company worker bees were kept as much in the dark as outsiders. And for a small startup venture, with a lot of worker bee sweat equity, it isn't right.

Edit: "Is" not "s". Me not smartly
Edit: Bloody hell. "are" not "is". Me even less smartly

This comment was edited on Jul 17, 00:32.
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