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Atari S.A. Bankrupt Too

This statement (Adobe Acrobat format) follows word that the U.S. arm of Atari has filed for Chapter 11 bankruptcy protection with news that the company's French parent Atari S.A. is likewise seeking a court-governed reorganization with a "book 6" filing in France. "In light of the current situation with BlueBay, we have decided to take what we think is the best decision to protect the Company and its shareholders, says Jim Wilson, CEO of Atari. "Through these ongoing procedures, and especially the auction process in the US, we will seek to maximize the proceeds in the best interest of the Company and all of its shareholders." Thanks NowGamer.

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5. Re: Atari S.A. Bankrupt Too Jan 22, 2013, 18:30 RollinThundr
 
HASBRO AND ATARI RESOLVE DUNGEONS & DRAGONS RIGHTS DISPUTE

August 15, 2011 (Renton, WA) – Wizards of the Coast LLC, Hasbro, Inc. (NASDAQ: HAS) and Atari, S.A. announced today the settlement and resolution of the complaint against Atari, S.A. and the counterclaims filed by Atari, S.A. against Hasbro, Inc. filed in December 2009 in regards to the Dungeons & Dragons brand.

Digital licensing rights for Dungeons & Dragons have been returned to Hasbro. Atari will continue to develop and market several games under license from Hasbro and Wizards, including the #1 Xbox LIVE® hit Dungeons & Dragons: Daggerdale and the upcoming Heroes of Neverwinter for Facebook. Additional settlement details remain private.

In addition, the acquisition of Cryptic Studios by Perfect World Entertainment Inc. from Atari in July 2011 has delayed the Neverwinter PC Game scheduled for release later this year. Perfect World will be investing in a more immersive experience for release in late 2012.

I pulled this right from the WOTC site, looks like Infograms still retains the license. I'd still love to know why NWN2 is impossible to buy now however.
 
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4. Re: Atari S.A. Bankrupt Too Jan 22, 2013, 12:29 RollinThundr
 
Stimpack wrote on Jan 22, 2013, 10:36:
You wouldn't happen to have any details on that license, would you? I haven't really looked into it, but it would certainly be nice to see D&D games that weren't absolute garbage.

*edit* also, not meaning to sound harsh, it's shitty that more people are going to end up losing jobs. It seems like every other day here there's a company filing for bankruptcy.

Unfortunately no, the reason I believe it may have already been stripped is due to a lawsuit Hasbro filed a couple years ago that Atari infringed upon the license, which is I think responsible for both NWN and NWN2 no longer being able to be sold via Atari, in the case of NWN2 no one has it for sale anymore including steam and other digital retailers so something happened obviously, I believe the suit itself has been settled however I have no idea if Infograms still retains a license to produce future D&D properties.
 
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3. Re: Atari S.A. Bankrupt Too Jan 22, 2013, 10:57 Armengar
 
it is shitty but that is capitalism. If you cannot show continual growth then your shares tank. No chance of influx money and the shareholders go nuts. Irony is, everything goes in bankrupcy.  
Its not the cough that carries you off but the coffin they carry you off in.
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2. Re: Atari S.A. Bankrupt Too Jan 22, 2013, 10:36 Stimpack
 
You wouldn't happen to have any details on that license, would you? I haven't really looked into it, but it would certainly be nice to see D&D games that weren't absolute garbage.

*edit* also, not meaning to sound harsh, it's shitty that more people are going to end up losing jobs. It seems like every other day here there's a company filing for bankruptcy.
 
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1. Re: Atari S.A. Bankrupt Too Jan 22, 2013, 09:47 RollinThundr
 
That Infograms has this idea that they've fooled anyone over the last 10 years or so calling themselves Atari S.A. is pretty humorous. I hope Hasbro/WotC strips their D&D license if they haven't already.  
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