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+---- Thread: ATARI US FILES FOR BANKRUPTCY. (/showthread.php?tid=3196178)
ATARI US FILES FOR BANKRUPTCY. - HorribleHD - Jan 21, 2013
[img]http://www.thetechgame.com/images/news/article/bc9180af0e.jpg[/img]
The games industry has been very unstable over the last year or so, and recently we've seen the publisher, THQ, go through all manners of issues, which are still ongoing, and now one of the biggest names in gaming, and one of the pioneers of the market; Atari, has filed for bankruptcy.Atari hasn't exactly had a great few years, and ever since Infogrames purchased the company back in 2001, it has struggled. Games released by the company recently haven't been all that great, except for a couple, such as the recent Sonic and All stars Racing Transformed.
According to the LA Times, Atari’s revenue in 2012 dropped by around 34%, with a 43% drop in the previous year, and profits have been minimal. French parent company, Atari S.A.’s share price is apparently now worth less than a Euro.
The move to file for bankruptcy would let Atari (US) separate itself from the parent company, Atari S.A. and would in turn also free them from Atari S.A.’s debt problems. It is thought that Atari US would then seek a private buyer, allowing them to focus on its own projects, such as games for mobile platforms.
source: http://www.thetechgame.com/News/sid=4021/atari-us-files-for-bankruptcy.html
* - Stay Plural - Jan 21, 2013
Awh.. that sucks :(
Any article linking..? please?
* - HorribleHD - Jan 21, 2013
(Jan 21, 2013 06:12 PM)Stay Plural Wrote: Awh.. that sucks :(
Any article linking..? please?
Im trying to fix it right now broken picture will post source as always
* - condom - Jan 21, 2013
Oh no! When I think atari, I think of old school gaming. It's sad seeing this great company go down the drain.
* - Feir - Jan 21, 2013
Just about everything is closing down, except the supermarkets. :/
I miss Acclaim, they did some great games, not really sure what Atari has made lately but have heard of them.
* - Vᴇᴀxᴏʀᴇ - Jan 22, 2013
I'll take ATARI off their hands. I'll transform it into a new generation of gaming.
A person can dream :P
* - Vexxtor - Jan 23, 2013
R.I.P The Original! Will be missed. Megaman was the shit back in the day.
* - Tony2020 - Jan 24, 2013
(Jan 21, 2013 07:56 PM)Feir Wrote: Just about everything is closing down, except the supermarkets. :/
I miss Acclaim, they did some great games, not really sure what Atari has made lately but have heard of them.
Ya, THQ is another one going under. Yet, our president still tells us that our economy is booming and getting better. What lies he tells us on TV. 😑
* - Feir - Jan 24, 2013
(Jan 24, 2013 12:26 AM)Tony2020 Wrote: Ya, THQ is another one going under. Yet, our president still tells us that our economy is booming and getting better. What lies he tells us on TV. 😑
It's booming for the owners of monopolies, just not for everyone else. :O
Yeah just seen the news in here for THQ too.
* - thegentlad20 - Jan 24, 2013
Looks like the economy isn't doing good In the U.S and many other areas.
(Jan 24, 2013 04:26 PM)Feir Wrote: It's booming for the owners of monopolies, just not for everyone else. :O
Yeah just seen the news in here for THQ too.
Why do you say it's booming for owners of monopolies? Can you please elebrate more about this? I would like to know. I thought overall the economy is tanking.
* - Feir - Jan 24, 2013
(Jan 24, 2013 05:57 PM)thegentlad20 Wrote: Looks like the economy isn't doing good In the U.S and many other areas.
Why do you say it's booming for owners of monopolies? Can you please elebrate more about this? I would like to know. I thought overall the economy is tanking.
Sorry, yeah i forgot, even Tesco has profits going down, and JJB sports are closing too.
Tesco is still doing well in terms of profits, just not making as much billions as usual. I should have worded my last reply better.
* - HeXplosion - Jan 24, 2013
First THQ now Atari? Wow I wonder who'll be next.