Unless you count the Atari 2600's recent induction into the National Toy Hall of Fame, things haven't been great for Atari lately. They recently reported a first quarter 2007 loss of $11.9 million, and there were some concerns about the company's future. Now, CEO David Pierce has resigned, and now Atari is officially exiting the game production business.
Next-gen says that Atari will now focus on North American game publishing and distribution, completely withdrawing from production. The company is currently looking for a CEO replacement, and workforce cuts are planned.
From Atari's statement:
“Atari has agreed in principle with IESA to terminate its Production Services Agreement in the near future. As a result, Atari will no longer provide production and quality assurances services to IESA. Rather, Atari plans to transfer certain employees and contract other staff on a project basis for a limited period of time.”
Dale North is Destructoid's Editor-In-Chief, a founding editor, and specialist in Japanese gaming. An accomplished musician, Dale was reporting from Japan during the earthquakes of 2011. Luckily, he got the fuck out alive and is home in America now with his wife and beloved corgi, Einstein. Dale is also a co-founder of Destructoid's sister anime site
Japanator. Likes Corgis, Sega Saturn, PSP, iPhone, Photographic tools.
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Contest:
11:56 AM on 11.14.2007
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I just hope this doesn't mean we'll not see Wii Alone in the Dark. I like the idea of that game on Wii, when it might easily get ignored on other systems.
Who will be the next company to buy and subsequently rape the Atari name?
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