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Frant
King's Bounty
Posts: 24665
Location: Your Mom
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 Posted: Tue, 22nd Jan 2013 13:56 Post subject: Atari files for chapter 11 bankruptcy |
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| Quote: | The U.S. arm of Atari, the iconic video game company that created "Pong," filed for bankruptcy on Monday.
But Atari will live on. The move is aimed at breaking the American branch away from its unprofitable French parent company.
In particular, Atari U.S. is looking to "secure independent capital for future growth, primarily in the areas of digital and mobile games," the company said in a written statement.
Over the next three to four months, Atari U.S. will seek buyers for some of its assets, including the Atari logo and the company's games catalog. Atari as a whole owns or manages more than 200 games and franchises.
The gaming landscape has changed dramatically since Atari was founded in 1972. Atari scored hits with groundbreaking gaming consoles and classic titles like "Pong," "Centipede" and "Asteroid," but later lost its dominance to rivals like Nintendo. The brand has bounced around through several different owners.
France's Infogrames Entertainment acquired a stake in Atari in 2000, then bought out the company in 2008 and changed its name to Atari S.A.
Since then, the rise of casual gaming on PCs and mobile devices has cut into the video game industry as a whole. Atari S.A. has been unprofitable for years, and warned just last month that it will book a "significant loss" for its fiscal year 2013. |
Full article here: http://money.cnn.com/2013/01/21/technology/atari-bankrupt/
Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn!
"The sky was the color of a TV tuned to a dead station" - Neuromancer
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| Posted: Fri, 25th Jan 2013 15:19 Post subject: |
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this is really sad, just because of the history not because of its recent endeavours
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LeoNatan
☢ NFOHump Despot ☢
Posts: 73330
Location: Ramat HaSharon, Israel 🇮🇱
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| Posted: Fri, 25th Jan 2013 15:36 Post subject: |
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So no Face Book Unlimited 3? 
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| Posted: Fri, 25th Jan 2013 15:44 Post subject: |
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Funny, no one cares too much. No goodwill as it was towards the THQ's fate, nothing. Not even a fake tear....
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LeoNatan
☢ NFOHump Despot ☢
Posts: 73330
Location: Ramat HaSharon, Israel 🇮🇱
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| Posted: Fri, 25th Jan 2013 15:49 Post subject: |
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It is in fact very sad for everyone involved that might lose their jobs.
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| Posted: Fri, 25th Jan 2013 15:51 Post subject: |
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So publishing Witcher 1 & 2 did not help them at all?
But yeah, they have been a non factor in recent years, so it was no suprise
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| Posted: Fri, 25th Jan 2013 16:57 Post subject: |
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That company is long gone! This one it's just Infogrames that used the brand. Wish this would be put to a rest.
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ixigia
[Moderator] Consigliere
Posts: 65121
Location: Italy
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| Posted: Fri, 25th Jan 2013 16:59 Post subject: |
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Bad management decisions, terrible marketing, uninteresting games, unjustified delays..sadly they basically shot themselves in the feet. 
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| Posted: Fri, 25th Jan 2013 17:28 Post subject: |
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Another big loss for gaming industry.
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LeoNatan
☢ NFOHump Despot ☢
Posts: 73330
Location: Ramat HaSharon, Israel 🇮🇱
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| Posted: Fri, 25th Jan 2013 17:30 Post subject: |
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I wouldn't say a big loss to gaming industry. What was the last good Atari game you played? Or THQs? Sentimentality does not account for facts.
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| Posted: Fri, 25th Jan 2013 17:38 Post subject: |
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| LeoNatan wrote: | | I wouldn't say a big loss to gaming industry. What was the last good Atari game you played? Or THQs? Sentimentality does not account for facts. |
Atari has been pioneer in gaming consoles too. We can argue how important or useless it is forever but for me they have quite solid history.
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LeoNatan
☢ NFOHump Despot ☢
Posts: 73330
Location: Ramat HaSharon, Israel 🇮🇱
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| Posted: Fri, 25th Jan 2013 17:40 Post subject: |
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History does not mean they are relevant today. Xerox has a huge "history" in the computing world, but how do they shape your computer usage these days?
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LeoNatan
☢ NFOHump Despot ☢
Posts: 73330
Location: Ramat HaSharon, Israel 🇮🇱
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| Posted: Fri, 25th Jan 2013 17:42 Post subject: |
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You need to go to optometrist? 
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| Posted: Fri, 25th Jan 2013 17:48 Post subject: |
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tonizito
VIP Member
Posts: 51488
Location: Portugal, the shithole of Europe.
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| Posted: Fri, 25th Jan 2013 18:10 Post subject: |
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...Again?
Doesn't this happen every ~10 years or am I mixing it up with another publisher? 
| boundle (thoughts on cracking AITD) wrote: | | i guess thouth if without a legit key the installation was rolling back we are all fucking then |
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| Posted: Fri, 25th Jan 2013 18:15 Post subject: I have left. |
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I have left.
Last edited by Shoshomiga on Fri, 25th Jan 2013 18:16; edited 1 time in total
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