 |
Return Create A Forum - Home |
 |
--------------------------------------------------------- |
|
RLL2ps3Comp |
 |
https://rll2ps3comp.createaforum.com |
|
--------------------------------------------------------- |
|
***************************************************** |
|
Return to: Rugby League Live 2 Dicussions |
|
***************************************************** |
|
#Post#: 417-------------------------------------------------- |
|
Big Ant Studios enters liquidation |
|
By: benz1980i Date: December 19, 2012, 5:25 am |
|
--------------------------------------------------------- |
|
http://au.gamespot.com/news/big-ant-studios-enters-liquidation-6401724 |
|
Rugby League Live 2 developer reportedly suffering over $6.7 |
|
million in debt; CEO Ross Symons says all staff are "securely |
|
employed." |
|
Melbourne-based game development studio Big Ant (Rugby League |
|
Live, Rugby League Live 2) has entered administration, with S & |
|
Z Insolvency appointed as liquidators. |
|
According to a Australian Securities Exchange Index filing, the |
|
studio filed for voluntary liquidation on November 28, 2012. A |
|
meeting of creditors will be held on December 21 to decide on |
|
the future of the studio. |
|
Kotaku Australia reported that Big Ant is declaring debts of |
|
over $6.7 million, including a $4.2 million debt that is |
|
reportedly owed to the studio that could not be recouped. |
|
Despite the news, Big Ant CEO Ross Symons told GameSpot AU that |
|
all the studio's staff are secure, and that the liquidation is |
|
part of an internal restructure. |
|
"There has been a restructure of a business that was not |
|
profitable. The vast majority of the debts are to the |
|
shareholders of the company, including myself,� Symons said via |
|
email. |
|
"All staff are securely employed and we continue to make games." |
|
Big Ant specialises in sports, and racing games for consoles and |
|
PC, and recently released Rugby League Live 2. The studio's |
|
previous titles include Rugby League Live and AFL Live Game of |
|
the Year Edition. |
|
***************************************************** |
