Empire Interactive officially goes bust
FlatOut and other IPs being sold off.
UK publisher Empire Interactive has officially gone into administration, leaving 49 members of staff redundant.
The company's intellectual property has already been sold to New World IP in the US. Empire-published titles include Pipe Mania, Ford Racing Off Road, Hello Kitty: Big City Dreams and the FlatOut series.
Administrator KPMG Restructuring has been appointed to wind down the business. "Despite the fact that the gaming industry has been relatively unscathed by the current recession, trading losses, development spend and a delay in recent new product approval had a fatal impact on the Empire's cash flow," said KPMG's Ian Corfield.
"We are not looking to sell the business as a going concern and are effecting an orderly wind-down of Empire's operations."
You may also like...
-
Why Devs Owe You Nothing
-
Digital Foundry: PS3 Skyrim Lag Fixed?
-
Face-Off: The Darkness 2
-
App of the Day: Sir Benfro's Brilliant Balloon
-
EA evaluating FIFA Street features for FIFA 13
-
Who Killed Rare?
-
Gotham City Impostors Review
-
Sony admits "dropping the ball" with Demon's Souls
-
Kingdoms of Amalur: Reckoning Review
-
Ultimate Marvel vs. Capcom 3 Vita Review
-
CD Projekt: Witcher 2 intro cinematic "the most expensive asset we ever created"
-
The Darkness 2 Review
-
Grand Slam Tennis 2 Review
-
One Piece: Unlimited Cruise SP Review
-
Skyrim patch 1.4 now live for Xbox 360
-
Skyrim patch 1.4 performance tip: make a new manual save
-
Epic's Sweeney on graphics tech: "the limit really is in sight"
-
Mass Effect 3 FemShep trailer debuts
-
Metal Gear Solid: The "Lost" HD Remasters
-
King Arthur 2 Review
-
Double Fine Adventure passes Day of the Tentacle budget
-
Next Xbox has tablet-like touch-screen controller - rumour
-
Valve admits hackers accessed Steam transaction log
-
Samsung Galaxy Note Review
-
App of the Day: Superman









Comments (15) Latest comment 3 years ago
Comments threads automatically close after 30 days, but please feel free to continue chatting on the forum!
Comment below viewing threshold Show
I LOVE Flatout.
Comment below viewing threshold Show
Comment below viewing threshold Show
Comment below viewing threshold Show
Comment below viewing threshold Show
Comment below viewing threshold Show
/plays Last Post.
Comment below viewing threshold Show
Also, everyone should salute the fallen Empire(interactive), at least you got us Taito Legends 1&2.
Comment below viewing threshold Show
Hello Kitty? What the christ?
Comment below viewing threshold Show
Comment below viewing threshold Show
Comment below viewing threshold Show
Comment below viewing threshold Show
Comment below viewing threshold Show
It would be good to see that IP picked up by someone but will they be as good a coders as Empire is the question and will they be able to do a proper Flatout game.
Comment below viewing threshold Show
Comment below viewing threshold Show
*pfnar*