Source: hdwallpapers.in
The studio that bought you the Test Drive Unlimited games, Eden Games, is shutting down after publisher, Atari, released a report that company revenues decreased 34%. Eden Games is headquartered in Lyon, France, where a strike occurred in 2011 due to the upcoming layoffs that would happen in Atari.
Atari is currently in the process of selling investments that are related to the studio, as the latest financial report shows that company revenues sank to $51.3 million in Atari's fiscal year, which ended on March 31st of this year. A net loss of $4.78 million was also reported during the fiscal year, but was much better than the previous year with a loss of $8.02 million.
As Atari's current fiscal year is underway, the company looked ahead and sought to build their digital titles. The focus would be on mobile games as they will also look to take advantage of their partnerships and licensing. Although, there wasn't any mentioning of the company's "specific" financial goals for the year, there were expectations of improved operating income.
Eden Games was founded in 1998, and had developed games such as V-Rally in 1997 and also took part in developing Need for Speed: Porsche Unleashed. They are most known for developing Test Drive Unlimited in 2006 and Test Drive Unlimited 2 in 2011.
R.I.P Eden Games
[Gamespot]
That's probably the only bright orange car in the world I would be proud to own. Sad to see them shutting down, but the consumers are becoming more picky. We don't want to buy a $60 game then have to buy downloadable content like 20 maps and 20 characters at $5 a piece.
ReplyDeleteThat's rough, I guess there's just not that much money in the racing game market that hasn't been snapped up by NFS and Forza.
ReplyDeleteToo bad for Eden Games, the gaming industry is very competitive nowadays
ReplyDeleteThat's really bad, but thanks for sharing!
ReplyDeleteSorry for this news
ReplyDeletedont know who these guys were
ReplyDeleteSad to see that they are shutting down.
ReplyDeletethanks for sharing
ReplyDeleteMan this is not good another big blow to the gaming industry. So many good times with test drive though.
ReplyDeleteshame...I enjoyed their work
ReplyDeleteDang thats unfortunate
ReplyDeleteThat's too bad
ReplyDeleteAww, that is too bad... It's never cool to see a racing game series kicked out of the market...
ReplyDeleteThese smaller companies deserve another chance
ReplyDeleteBad news, but the thing is that TDU 2 was a very bad game...
ReplyDeleteoh, that's a big sting :o
ReplyDeleteI hope EA makes another Hot pursuit
ReplyDeleteI love car games. Too bad for Eden games
ReplyDelete