SCi Entertainment, parent company of Eidos, is under assault as investors demand the resignation of top executives. The Times
reports things crumbled like a booby-trapped tomb after the company's stock plummeted
last week following the announcement that management was pulling out of buyout talks
; making matters worse was the discovery that SCi borrowed £30 million ($59 million) just to stay afloat until the end of the year.
having a recent hit with Kane & Lynch: Dead Men
, the announcement that several major titles -- including the latest Tomb Raider
-- are not releasing until holiday '08 is causing concerns about the company's financial situation. We'd make fun of how SCi managed to screw things up this badly during a time of record industry growth
, but Atari
is still light-years ahead of them in that department.