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Off-Topic Discussion => General Discussion => Topic started by: Kamikaze on January 05, 2005, 09:47:24 pm

Title: French Titus liquidated, Interplay may follow?
Post by: Kamikaze on January 05, 2005, 09:47:24 pm: http://www.gamespot.com/news/2005/01/05/news_6115737.html

Apparently Titus (Interplay's parent company) has been liquidated in France. This only affects Titus's subsidiaries in France but the 67% stock that Titus had in Interplay might affect Interplay. Maybe Interplay will go on panic and start selling more licenses too...
Title: French Titus liquidated, Interplay may follow?
Post by: Taristin on January 05, 2005, 09:49:28 pm: That's what Skippy was telling me. (I didn't want to make a thread about it, although he said I should :p)

Something like Eur120m in losses last quarter. And Now they're in bankruptcy...

I'm not terribly worried, mind you, but I am curious to see what happens with Interplay.
Title: French Titus liquidated, Interplay may follow?
Post by: MatthewPapa on January 05, 2005, 09:54:37 pm: I just assumed all the while that interplay had simply dissolved. I did not realize titus owned more than 50% of their stock either. Pretty interesting. I wonder what will become of them.....
Title: French Titus liquidated, Interplay may follow?
Post by: delta_7890 on January 05, 2005, 11:15:46 pm: Good god, they're still kicking?
Title: French Titus liquidated, Interplay may follow?
Post by: Kamikaze on January 05, 2005, 11:21:21 pm: They're not doing much other than laying people off and neglecting to pay employees though.
Title: French Titus liquidated, Interplay may follow?
Post by: JR2000Z on January 05, 2005, 11:55:08 pm: I won't be surprised if they find another parent company before they sell the rights to Descent and Freespace.
Title: French Titus liquidated, Interplay may follow?
Post by: Carl on January 06, 2005, 03:30:07 am: why do they even bother staying together? they aren't turning a profit with no games coming out. the longer they wait to dissolve, the more money they'll lose.
Title: French Titus liquidated, Interplay may follow?
Post by: Martinus on January 06, 2005, 07:18:04 am: [color=66ff00]I'm waiting for the day when the games market will reflect the music market i.e. 5 big companies controlling all of it and nobody else gets a foot in the door.
[/color]
Title: French Titus liquidated, Interplay may follow?
Post by: aldo_14 on January 06, 2005, 08:15:30 am: It'd be better than having just EA (as it will end up being), I guess.......
Title: French Titus liquidated, Interplay may follow?
Post by: BlackDove on January 06, 2005, 09:27:32 am: Quote
Originally posted by Maeglamor
[color=66ff00]I'm waiting for the day when the games market will reflect the music market i.e. 5 big companies controlling all of it and nobody else gets a foot in the door.
[/color]

Compared to having only one game company (Electronic Arts) owning everything already?

:wtf:
Title: French Titus liquidated, Interplay may follow?
Post by: Roanoke on January 06, 2005, 02:47:32 pm: Their purchase of Criterion (and therefore RenderWare) means they actually have much more control over the games industry than any equivilant music company.

Just think, ISS & GTA both used RenderWare, amongst others.
EA state the purchase has no effect, as you would expect.
Title: French Titus liquidated, Interplay may follow?
Post by: Skippy on January 06, 2005, 02:51:09 pm: Interplay will be liquidated too, so they'll have to sell all they actually have (so licences too, maybe ?) to pay the debts.