Atari To Divest Cryptic Studios

May 17, 2011 -

As part of an earnings report today, Atari announced it is divesting of its interest in Champions Online developer Cryptic Studios, calling the development house a "discontinued operation" as of March 31.

Atari will continue to support all current Cryptic products while the publisher looks to sell the studio, Gamasutra understands. Development on the Bay Area studio's Neverwinter project will continue as normal for the time being.

The studio showed a loss of $7.5 million for the 2010/11 fiscal year period, up from a loss of $17.9 million in the same period a year ago. Most of this was due to turning its super hero MMO Champions Online to a free-to-play game, instead relying on micro-transaction to make money off the game. Its success was apparently not appreciated by parent company Atari.

Source: Gamasutra


Comments

Re: Atari To Divest Cryptic Studios

Despite the loss of jobs this might bring, I can't help but to snicker. Sorry But I've played the games that have been under Cryptic's banner and only one of them is doing well, and that's City of Heroes after Jack Emmerett left and Matt Miller took charge.

 
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Sleakerthey don't consider the issue. This is the consumeristic nature of a market.10/02/2014 - 8:41am
prh99Attacking their integrity and now getting advertisers to pull their ads from those sites.10/02/2014 - 8:40am
Sleaker@EZK - Telling a company you disagree with the nature of a news sites methodology and feel it negatively impacts the ad-running company as a supporter of said articles is not censorship. It's voicing your opinion that you will vote with your wallet if10/02/2014 - 8:38am
prh99I don't think they have any interested in debate. They scared Anita and Quinn with threats of violence, now they are going to try and damage organizations who called them their behavior.10/02/2014 - 8:36am
E. Zachary KnightWhat I can't understand is why gamergate supporters feel the need to silence their critics. Why can't they simply fight free speech with free speech.10/02/2014 - 8:23am
E. Zachary KnightSo what I am saying is that since gamergate failed to force Gamasutra to retract their editorial directly, they are now going the starvation route.10/02/2014 - 8:22am
E. Zachary KnightAs an illustration, you can kill someone by shooting them in the head, or you can starve them to death. The means don't matter, just the ends.10/02/2014 - 8:18am
E. Zachary Knightquiknkold, I can't speak for James, but trying to silence a critic by blocking its financial supporters is a censorious activity. It may not be the same as direct censoring, but its ends are the same.10/02/2014 - 8:18am
E. Zachary KnightMecha, I found neither the title nor the content of Gamasutra's Gamers are Dead article inflammatory. But I guess that just means I was the target audience for it.10/02/2014 - 8:16am
prh99@james_fudge Agreed, but then again this group doesn't exactly have high ethical standards or even a grasp of hypocrisy. They do pretty much anything to damage their targets.10/02/2014 - 8:14am
MechaTama31Are... Are you guys suggesting that the content of the "Gamers are over" article is *less* inflammatory than the title?10/02/2014 - 7:58am
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Michael ChandraWhat's in a name? That which we call a rose by any other name would smell as sweet. That said, the name says it all.10/02/2014 - 7:34am
E. Zachary KnightYes.10/02/2014 - 7:29am
ConsterQuestion: is Kefka on drugs, or is he secretly a conspiracy theorist character from a TV show?10/02/2014 - 7:21am
james_fudgeEnjoy my comedy stylings.10/02/2014 - 7:10am
james_fudgehttp://www.breitbart.com/Breitbart-London/2014/10/02/It-s-been-real-GameJournoPros-prepares-to-close-its-doors10/02/2014 - 7:09am
InfophileAnd the headlines-only part is particularly depressing, as in most sites, they're not even written by the author of the article. So the author has to field tons of complaints about what the editor decided to title their article.10/02/2014 - 6:25am
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james_fudgeprh99: Whether you agree with the article or not, fighting alleged censorship with censorship is hella lame10/02/2014 - 4:27am
 

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