Fatbabies.com says this about Infogrames:
Any way, obviously I thought this was important to the community. Infogrames still owns the rights to civ sequels and Moo. So where it goes is important.
Secondly, if they are not paying milestone payments (a big if since it is a rumor) than Firaxis which has broken a million in sales with Civ III is probably one of those developers directly affected. Does this have an impact on future games? Does this change anything?
6/6/02 Infogrames For Sale?
It is obvious that with $300m+ in debt Infogrames has seen its better days.
Check their current stock price here.
Who will buy them out? THQ or Activision or Electronic Arts? Or even Acclaim?
Infogrames has few brands despite having paid hundreds of millions to buy companies, so you can rule out the king of brands, Electronic Arts. With no sports line-up, EA won’t touch ‘em.
Will Bruno be ousted? We can only hope! That’s the only way his Ego will be tamed.
Most importantly, we’ve heard that Infogrames is currently not paying milestones. Their developers, large and small, are waiting for milestone payments. Infogrames’ fiscal year ends June 30 and the company is holding all payments to give the impression of a better cash position at the close of the accounting period.
Creative accounting at work again! Hello, Enron Jr.
It is obvious that with $300m+ in debt Infogrames has seen its better days.
Check their current stock price here.
Who will buy them out? THQ or Activision or Electronic Arts? Or even Acclaim?
Infogrames has few brands despite having paid hundreds of millions to buy companies, so you can rule out the king of brands, Electronic Arts. With no sports line-up, EA won’t touch ‘em.
Will Bruno be ousted? We can only hope! That’s the only way his Ego will be tamed.
Most importantly, we’ve heard that Infogrames is currently not paying milestones. Their developers, large and small, are waiting for milestone payments. Infogrames’ fiscal year ends June 30 and the company is holding all payments to give the impression of a better cash position at the close of the accounting period.
Creative accounting at work again! Hello, Enron Jr.
Any way, obviously I thought this was important to the community. Infogrames still owns the rights to civ sequels and Moo. So where it goes is important.
Secondly, if they are not paying milestone payments (a big if since it is a rumor) than Firaxis which has broken a million in sales with Civ III is probably one of those developers directly affected. Does this have an impact on future games? Does this change anything?
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