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5. Re: etc., etc. Aug 28, 2012, 23:21 Dev
 
From the onlive article:

Two Fridays ago, Steve Perlman told the 200 employees of cloud gaming company OnLive that it was all his fault. He thanked them for their hard work, and then he had HR show them the door with no severance pay.

Then, through a legal insolvency tool, Perlman transferred all of OnLive’s assets to a brand new company and took over as CEO, hiring back only a skeleton crew to keep the ship afloat.
[...]
OnLive never made any money, and it was burning through as much as $5 million a month. As Perlman himself explained during the fateful all-hands meeting, the company had deployed thousands of servers that were sitting unused, and only ever had 1,600 concurrent users of the service worldwide.
[...]
OnLive needed a physical machine for each concurrent player
[...]
Perlman told EA he wanted exclusivity
[...]
When EA refused, Perlman ordered his staff to remove all EA titles from OnLive.
 
 
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