The rumour is apparently true: Team Bondi all assets and IP and be folded into KMM productions, the company owned by Mad Max maker George Miller.
Develop was tipped off by a source who said all staff at Team Bondi had been offered a job within KMM or a severance package.
Whether post-release work will continue on well received crime thriller L.A. Noire was a question refused an answer. Rockstar retains the L.A. Noire IP, Develop noted.
Brendan McNamara, the Team Bondi boss accused of enforcing unfair working practices, is rumoured to be joining KMM. If he does, he'll be reunited with developers who left Team Bondi due to the exhausting conditions before L.A. Noire was completed.
Rumours are also rife that the embattled Sydney, Australia-based Team Bondi had gone bankrupt prior to the KMM deal.
Brendan McNamara was seen touring around the offices of Miller's animation studio Dr D last week. Sources said Team Bondi had been "doomed" by the "scandal" of L.A. Noire's development, and couldn't find another publisher partner, post-Rockstar, to work with.
Rockstar, it was said, had developed "disdain" for Team Bondi during its lengthy relationship as L.A. Noire was made.