Posted on 08/14/2016 1:29:18 PM PDT by 2ndDivisionVet
Owes millions to part owner Tencent, according to filings
Fireforge, the California developer responsible for the recent Ghostbusters tie-in game, has filed for bankruptcy, owing debts of over $12 million according to papers associated with the case.
The firm originally filed for voluntary chapter 7 bankruptcy on July 15, but further filings were completed on July 29. According to documents seen by Kotaku, Fireforge owed considerable amounts of money to several parties, but the majority of its debt, believed to have been accrued prior to the development of Ghostbusters, is owed to partial owner Tencent, which controls 37% of the company. fireforge is believed to owe $11.3 million to the Chinese firm.
According to that report, Fireforge had worked on two unreleased games, a MOBA for Razer and a similar game for Tencent. Money intended for the development of Razer's game had allegedly been spent on Tencent's instead, resulting in a further ongoing case against Fireforge by Razer owner Min-Liang Tan.
Fireforge's Ghostbusters game released just days before the initial bankruptcy filing, meeting almost universal critical disdain. It should be noted that FireForge Games, a successful tabletop miniatures company, is in no way associated with the case.
The 1984 version is a perfect movie.
What, no one wants to play their game tie-in with a misandrist movie?
There’s an interesting documentary entitled “Game Over” that details the demise of Atari in the wake of their crappy “E.T” video game released for the movie.
misandrist . . .
Thanx, learn something every day.
a what movie? :) too lazy to look it up
E.T. wasn’t the best game the 2600 had to offer, but it sold well and can’t be blamed for bringing down the company. Basically the crash of 1983 was going to happen no matter what—the industry couldn’t experience exponential growth forever.
That said, I remember being very disappointed in the crud that was on the shelves back then. It really cemented the image of Atari as a clunky old dinosaur compared to the new home computers and newer consoles like the Coleco.
It’s a shame because the best 2600 games are really fun (my kids are behind me playing them right now) and what people are doing now with the console is absolutely amazing.
Even the Angry Video Game Nerd said E.T. wasn’t that bad. River Raid, now that was a good VCS game.
misandrist = male-hating
He’s right. It just wasn’t one of those games where you can jump in without really reading the manual. And there were a few irritating glitches which some hacker recently fixed; even Howard Scott Warshaw said they improved the game.
Agreed about River Raid...always found it tough though.
Hey, that’s most of the single women in the country today :)
Yeah, he talked about the manual. Do you happen to watch the Nerd?
I had E.T. as a kid and didn’t love it, but it was okay. I still have it.
I’ve seen a couple of his, I’m not sure if I’ve seen the ET one specifically.
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