Empire Interactive officially goes bust News
PC
PlayStation 2
PSP
DS
Xbox 360
PlayStation 3
Wii
News
by
Ellie Gibson
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."
Want to comment on this article? Log in, or register!
Comments: 1-15 of 15 in total
|
RobotRocker
06/05/09 @ 09:17
+1
Adding to the Flatout ;_; Hopefully someone else can pick it up and do a proper Flatout 3.
Also, everyone should salute the fallen Empire(interactive), at least you got us Taito Legends 1&2. |
Comments: 1-15 of 15 in total
Want to comment on this article? Log in, or register!
