Realtime Worlds Enters into Administration

August 17, 2010 -

Realtime Worlds has gone into "administration" according to a report on Gamasutra. The confirmation of this comes on the heels over an earlier report this morning on sister publication Develop. The company that created Crackdown and All Points Bulletin will now be under the watchful eye of UK-based corporate recovery group Begbies Traynor.

Begbies Traynor will look deeply into the financial soul of the company and figure out if it can find a way to survive by selling assets or if it will have to close its doors altogether. Administration is equivalent to bankruptcy here in the United States in case you didn't figure that out already.

The Administration follows what should have been a profitable time for the Dundee, Scotland-based company founded by Grand Theft Auto creator Dave Jones; two months ago the company launched its first MMO the gritty urban action game All Points Bulletin, but the game didn't do as well as the company had expected, forcing it to (recently) cut some 60 employees from its staff. The company also recently unveiled a social virtual game world called Project: My World, but media reports indicate that it couldn't secure a deal to finance the game.

While the company's fate is uncertain it would be a shame to lose the developer that brought us the original Crackdown. We'll continue to follow this story as it develops.

Source: Gamasutra

Posted in

Comments

Re: Realtime Worlds Enters into Administration

This stinks as I bought APB in hopes that they would eventually release enough patches to make it in to a servicable MMO universe. I like the idea of a MMO shooter, but the execution on that idea is at this time incomplete.

I guess there is little chance now of them making the game better for those of us who bought the game? More importantly... I just went out to Steam and I see: "Buy APB All Points Bulletin for $49.99." The big "what if" is that lets say you buy this today and Realtime Worlds goes belly up? Is "company want under" a viable reason to get your money back? I seem to remember Valve/Steam being hard to get a refund from? Is that still true?

 

Re: Realtime Worlds Enters into Administration

After releasing the god awful APB this was expected to happen to Real Time Worlds.

http://www.magicinkgaming.com/

Re: Realtime Worlds Enters into Administration

I'll be stupid enough to argue that this is somehow Microsoft's fault.  I think that when Microsoft pulled Crackdown from Real Time Worlds, they lost a game that would have garnered them crucial sales during this time.  Also, Crackdown 2 sucked and had none of the charm the original had.

http://www.deathvanquished.com

 
Forgot your password?
Username :
Password :

Shout box

You're not permitted to post shouts.
james_fudgeHappy Memorial Day to everyone05/25/2015 - 7:13am
Mattsworknamealso, in MGR, on higher levels, button mashing will get you reckt, you have to master parry to even have a prayer05/24/2015 - 8:52pm
MattsworknameI kinda would like a bit more variety in the combat, as it feels a bit to stiff and slow for me. Especailly after other games ive played05/24/2015 - 8:39pm
Goth_SkunkThere's... no button mashing in DA:I. However, neither is DA:I's combat perfect. I, for one, detest the active talent max limit of 8.05/24/2015 - 8:21pm
MattsworknameDa I combat is fun, a bit stiff but fun, but I still say the best pure combat engine in any game was Metal gear rising.05/24/2015 - 7:15pm
ZippyDSMleeWhen DA gets a control system like DA:O I'll brother to want to paly it, I frown on button mashing RPGs not made by bethseda...05/24/2015 - 5:59pm
Matthew Wilsonhttp://arstechnica.com/science/2015/05/new-neural-implant-reads-a-persons-intentions-to-control-robotic-arm/ our first steps tos a dues ex future lol.05/24/2015 - 1:51pm
Goth_SkunkThe game is 75% sidequests, 25% story. And most of those sidequests are only vaguely related to the main story at all, having very little consequence to the plot at large.05/24/2015 - 1:12pm
Goth_SkunkI'm such a huge BioWare fan that I played through my first playthrough of DA:I without complaint, but on my second time through I certainly took notice of just how much side-quest material there was. It's probably my greatest criticism of the game.05/24/2015 - 1:10pm
ZippyDSMleeI need one of my 70 games to play....mmmmmmmm05/24/2015 - 9:57am
MattsworknameSpent all night playing blood borne, now trapped in the Nightmare frontier and trying to reach the boss so I can maybe warp out again05/24/2015 - 9:21am
MattsworknameYeah, i got started and then made it through t the first few misions anthen blood borne05/23/2015 - 10:13pm
Goth_SkunkWhich one, Dragon Age?05/23/2015 - 8:20pm
Wonderkarpalso waiting patiently for Batman.05/23/2015 - 7:36pm
MattsworknameIn still trying ot beat that game the first time. Freaking game has so much side questing05/23/2015 - 7:34pm
Goth_SkunkPlaying a third and probably final playthrough of Dragon Age: Inquisition. Once that's done, I'll move on to AC: Unity, most likely, then get caught up on A-list games I have yet to play, like Murdered: Soul Suspect and Shadows of Mordor.05/23/2015 - 6:33pm
MattsworknameIf you own a vita and like monster hunter, but dont like the bs filler that goes with it. Try tokiden kiwmai05/23/2015 - 6:11pm
Matthew Wilsonaparently their servers got crushed, but I dont see the game selling well. Nintendo fans tend not to be fans of competitive fps05/23/2015 - 5:48pm
MattsworknameSPlatton looks intersting, Love the are style, gonna give the game a try with the upcoming test fire05/23/2015 - 4:39pm
PHX Corp@Technogeek, I'm returning for one more Run with the Global testfire05/23/2015 - 3:41pm
 

Be Heard - Contact Your Politician