News Room Contributor  Posts: 3899 Joined: 21 Feb 2008     | |
Pulitzer Laureate  Posts: 730 Joined: 29 Feb 2008     | One by one they fall :( |
Pulitzer Laureate  Posts: 716 Joined: 21 Feb 2008    | *sigh* It seems that the video game industry is finally feeling the effects of the economic crisis... |
Muckraker Posts: 294 Joined: 8 Nov 2008     | Personally, I think it may turn out to be a good thing, how many "big" devellopers pour out trash year in and year out, this is a great opportunity for small independent developers to start brining out games which could be great and also for hidden gems (for past example Beyond good and evil, Psychonauts) to get the success they deserve. Out with the old and in with the new is what I say. |
On the Record  Posts: 5491 Joined: 13 Aug 2008   | Well, after the flop that was Lair, and the fact that I don't remember any good games coming out from them other than Rogue Squadron for who knows how long, this isn't all that unexpected. |
Gone Gonzo  Posts: 2487 Joined: 29 Nov 2007    | Man...I really wanted to like Lair. Loved the Rogue Squadron games. I tried so hard, but that freaking sixaxis setup just didn't work. |
Beat Writer  Posts: 174 Joined: 17 Nov 2007  | *Sigh* I guess that means no Turrican 4 then... |
BANNED  Posts: 12958 Joined: 30 Jan 2008   | Think Silicon Knights will be next for the chopping block? User was banned for: Poll: What is your opinion on the Metal Gear Solid storylines?. (Permanent) |
Beat Writer  Posts: 146 Joined: 10 Sep 2008   | Gaming is a business as well, I never really thought game developers were safe from stock crashes. |
Gone Gonzo  Posts: 1116 Joined: 9 Feb 2008    |
I think thats far from how things will work out. Big franchises like the EA sports brands, Final Fantasy and the Nintendo stalwarts won't be the ones to suffer as a consequence of the times. What publisher will take a risk on an untested concept now? (credit to EA for Mirrors Edge and Brutal legend). Some of the Wii shovelware companies must be making money while Free Radical go under. Inventive games won't see the light of day if they aren't in the shade of a decent publisher, or some personal funding (looking at you Johnathon Blow). Not too fussed about Factor 5s demise. They haven't made a game I've cared for since 2003. |
Anonymous Source Posts: 7 Joined: 18 Dec 2008  | (R.I.P)factor five.This shows how bad the stock market is now.I hope that epic games isnt next. |
Gone Gonzo  Posts: 3937 Joined: 17 Feb 2008   | And so it begins the great gaming depression I just hope that 1)EA's CEO is eaten by a pack of hungry gamers and 2) Insomniac survives. |
Gone Gonzo  Posts: 1862 Joined: 7 Jul 2008   | What's that? EA having a psuedo-monopoly (actually more an oligopoly when you put it up there with Activision-Blizzard) was bad for the industry? You don't say! |
Gone Gonzo  Posts: 3509 Joined: 20 Aug 2008  | Someone get me Stardock, Paradox, and CDProjekt's financial numbers. I get the feeling quality and good customer service are what's really recession-proof. |
Gone Gonzo  Posts: 2369 Joined: 14 Sep 2008    | Who's next? Midway? Probably. |
BANNED  Posts: 2994 Joined: 16 Aug 2008   | Why? *drops to knees* Why couldn't it of been EA?! *mopes* User was banned for: Ketchup Packets... Why in the heck are they sooo small?. (Permanent) |
Gone Gonzo Posts: 1862 Joined: 7 Jul 2008 |
Yes but they deserve it. Oh boy do they EVER deserve it. |
Gone Gonzo  Posts: 2381 Joined: 6 Mar 2008  | They made Turrican II. Never forget. |
BANNED  Posts: 789 Joined: 10 Dec 2008   | Please no no nooooooo User was banned for: Poll: The masculinist movement male empowerment . (Permanent) |
On the Record  Posts: 5788 Joined: 9 Jul 2008   |
They made Too Human, right? Anyway, so long as Valve, Bioware, and Infinity Ward stay up I don't care much (besides it being bad that people lost their jobs). |
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Has Factor 5 Closed Its Doors For Good?
Has the Lair and Rogue Squadron developer given up the ghost? Inside sources are apparently saying yes.
Only a handful of hours after Factor 5 was rumored to have made half of its staff redundant, new rumours are saying that the studio has actually closed down.
IGN's Matt Casamassina has received an e-mail from a currently unnamed source, apparently from within Factor 5. The e-mail reads,
"[Redacted] wanted me to contact you with some late breaking news. We just learned from inside sources that developer Factor 5 has officially closed their doors as of today. That's some pretty big news considering that those guys have been around for quite a while. It's definitely a real shame! I hope that this information is helpful to you."
Nothing is official at the moment, but with Free Radical allegedly ceasing operations and the lay-offs at EA, it looks like gaming might not be as recession proof as some have been saying.
(via Kotaku)
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