Bad Juju, Indie game store Desura’s parent company, has filed for bankruptcy.
Crytek faces even more trouble, as the director behind Homefront: The Revolution resigns
New financial research currently points to Sony possibly going bankrupt in the next 2 years
The studio contracted to make Aliens: Colonial Marines has just laid off all its staff.
Another major retailer has fallen into administration following a trend that won’t be stopped
The THQ bankruptcy saga isn’t over yet with two new complaints being filed against the way it is being handled
THQ’s financial woes continue and they now face being delisted from the NASDAQ
Some ex-THQ employees have gotten together and written an open letter to the board asking for the removal of the THQ CEO
Things look bleak for the studio behind the revolutionary LA Noire
With the economy being what it is, a lot of larger companies are feeling the heat more than most of us may think. Midway, who has been struggling for a while, filed for Chapter 11 bankruptcy, which means that they want to try and continue but are waiting for permission from the courts. Chapter 7 is the one that you don’t want to be filing for, because it’s the one that means you are going into liquidation. Here are some...
Â Midway have not been having too much fun lately. Theyâ€™ve been short of money – $250 million short, to be exact â€“ and their stakeholders would like some of that money back. Good news then for fans of the once mighty purveyor of arcade games â€“ Its latest Mortal Kombat game, the comic-book crossover MK vs. DC has shipped nearly two million copies. Following this, Midway have announced that a new Mortal Kombat game is in...