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Realtime Worlds in Administration

APB developer Realtime Worlds is insolvent, and has entered administration, reports Edge Magazine, getting official confirmation of the indication in this tweet from Luke Halliwell that says: "Official, rtw in administration." This follows shortly after a report on Develop citing "a variety of sources" saying Realtime Worlds’ studio in Boulder, Colorado is being closed, which also offered speculation that administration was the next step for the company. Once highly anticipated, Realtime World's open-world action game APB shipped just six weeks ago, receiving mixed reviews at best, along with criticisms of its business model. APB's release was followed by the rapid announcement of plans for a game called Project: MyWorld, and a month ago the company announced it was restructuring. Now with Begbies Traynor handling its administration comes word that Realtime Worlds' headcount has been reduced to 45. Thanks joao via Computer and Video Games.

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9. Re: Realtime Worlds in Administration Aug 17, 2010, 22:37 NKD
 
Longswd wrote on Aug 17, 2010, 16:40:
Add APB to a list of games, including Hellgate and DDO, that had to find out the hard way that people will not pay a subscription fee for what amounts to nothing more than instanced multiplayer. I called that way in advance.

People seem to be fine paying a monthly fee and then just doing 5 or 10 man instances all day while sitting in a lobby (Dalaran) in WoW. It's all about how you present it
 
Avatar 43041
 
If you don't like where gaming is heading, stop giving your money to the people who are taking it in that direction.
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    Date Subject Author
  1. Aug 17, 13:07 Re: Realtime Worlds in Administration |oR|jonvall
  2. Aug 17, 13:37 Re: Realtime Worlds in Administration Verno
  3. Aug 17, 14:08 Re: Realtime Worlds in Administration DangerDog
  4. Aug 17, 15:41  Re: Realtime Worlds in Administration LittleMe
  5. Aug 17, 16:40   Re: Realtime Worlds in Administration Longswd
  6. Aug 17, 17:14    Re: Realtime Worlds in Administration sir
  7. Aug 17, 17:39     Re: Realtime Worlds in Administration ASeven
>> 9. Aug 17, 22:37    Re: Realtime Worlds in Administration NKD
  11. Aug 17, 23:24     Re: Realtime Worlds in Administration Longswd
  8. Aug 17, 19:18  Re: Realtime Worlds in Administration StingingVelvet
  10. Aug 17, 23:21 Re: Realtime Worlds in Administration Sepharo
  12. Aug 18, 09:13  Re: Realtime Worlds in Administration Beamer


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