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Acclaim Closings

A story on MCV (thanks Frans) indicates the bad news just keeps getting worse for besieged developer/publisher Acclaim, which looks to be entering its death throes with some closing announcements:

The company earlier this week announced that it was seeking additional funding, but warned that bankruptcy was a possibility. Sadly, that now looks like being the reality.

Yesterday, the Acclaim Texas facility was closed and this morning the publisher’s Manchester studio was shut down with a loss of 130 jobs. Meanwhile, the European head office in Kensington is not answering its phones.

A announcement to NASDAQ is expected this afternoon.

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25. Re: no word on the Cheltenham studio? Aug 27, 2004, 21:50 Beamer
 
Is this being blamed on BMX XXX?





And yes, they deserve this solely for not making a sequel to Re-Volt, the best arcade racing on the PC. (of course they don't deserve it, but the severity of the point remains.)

 
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
Previous Post Next Post Reply Quote Edit Delete Report
 
    Date Subject Author
  1. Aug 27, 12:22 Whew...  RomSteady 
  28. Aug 28, 06:05  Re: Whew... Dogposture
  29. Aug 28, 20:18   Word in Austin Boo Yahh
  30. Sep 26, 10:02  Re: Whew... Mark
  2. Aug 27, 12:25 I'm glad Fugazi
  5. Aug 27, 12:42  Re: I'm glad pob
  7. Aug 27, 13:04   Re: I'm glad nin
  3. Aug 27, 12:32 No subject Protoz
  4. Aug 27, 12:38 No subject Cy
  6. Aug 27, 12:55 Sad Ray Marden
  8. Aug 27, 13:11 Sad Erwie
  9. Aug 27, 13:26  Thank god Kobalt
  12. Aug 27, 13:49   Re: Thank god Ray Marden
  13. Aug 27, 13:56    Re: Thank god LugNut
  10. Aug 27, 13:29  Re: Sad Zadillo
  14. Aug 27, 14:01   Re: Sad MeatForce
  11. Aug 27, 13:39 Manchester Wilf
  15. Aug 27, 15:46 No subject space captain
  16. Aug 27, 16:13 #14 xx
  17. Aug 27, 17:07  Re: #14 Parallax Abstraction
  18. Aug 27, 17:12 no word on the Cheltenham studio? REMF
  19. Aug 27, 17:21  Re: no word on the Cheltenham studio? PHJF
  20. Aug 27, 17:56   Re: no word on the Cheltenham studio? Animals for Crackers
  21. Aug 27, 19:59    Re: no word on the Cheltenham studio? ReDeeMeR
  22. Aug 27, 20:38     Re: no word on the Cheltenham studio? Parallax Abstraction
  26. Aug 28, 05:38      Re: no word on the Cheltenham studio? Awesome Spume
  27. Aug 28, 05:58       Re: no word on the Cheltenham studio? Ray Marden
>> 25. Aug 27, 21:50    Re: no word on the Cheltenham studio? Beamer
  23. Aug 27, 21:04   Re: no word on the Cheltenham studio? Tei
  24. Aug 27, 21:43 First Origin, now Acclaim... STATIC3D


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