APB Developer Faces Bankruptcy

Recently, the BBC reported that Crackdown and APB developer Realtime Worlds has gone bankrupt. The video game company was founded by Grand Theft Auto creator Dave Jones. The company is seeking a bailout from anyone who was willing to invest in what is left of the company.

Joint administrators have been appointed and a consultation process on the future of the firm is under way. APB was five years in development but is thought to have failed to attract sufficient numbers of subscribers following mediocre reviews. Realtime Worlds made 60 staff redundant(layoffs) last week. Paul Dounis, of administrators Begbies Traynor, said: “We are currently involved in a consultative process with the 200 staff employed in Dundee.”

Many contribute the companies downfall to the lackluster reception and unfavorable reviews for APB.  The game had taken 5 years and cost a lot of money to make.  Though the companies status is not certain, administrator Paul Dounis wants the gamers to know that all its servers was still running so gamers could play APB.

“The game will continue and that is something we want all consumers to be aware of,”

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