02:37 PM - November 16, 2010 by RaychelSnr
A variety of outlets (Joystiq, Kotaku, NeoGaf, GiantBomb, VG247) are reporting that the studio responsible for games such as Blur, Project Gotham Racing and Geometry Wars has been put on notice by Activision, and it could be closed or sold off.
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This is a reminder to anyone who works in the video game business that taking risks means you are putting it all on the line. As we saw with the Elite fiasco at EA, no one is immune to being let go for commercial disasters.
With corporate margins being squeezed across the board in the video game world, I have no doubts that we might be seeing an era of conservative thinking really start to take hold in development houses. Events like this have major ripple effects across the industry, from talent moving around to the more psychological effects of seeing a seemingly successful development house dumped after one major flop.
It'll be interesting to see if anyone looks to buy Bizarre, but most likely any suitors have already been contacted and the likely destination is closure of the studio. We'll keep our eyes open for any further events.
With corporate margins being squeezed across the board in the video game world, I have no doubts that we might be seeing an era of conservative thinking really start to take hold in development houses. Events like this have major ripple effects across the industry, from talent moving around to the more psychological effects of seeing a seemingly successful development house dumped after one major flop.
It'll be interesting to see if anyone looks to buy Bizarre, but most likely any suitors have already been contacted and the likely destination is closure of the studio. We'll keep our eyes open for any further events.
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