Rumor: Perpetual Entertainment closing down
by Kyle Orland 
on Feb 25th 2008 5:15PM
MMO news network
Warcry has confirmed via unnamed "multiple sources" that Perpetual Entertainment has closed its doors. The posting corroborates similar information provided to Joystiq from a few secondary tipsters, and the
company's web site has recently been replaced with a static contact page, but we're still labeling this one as a rumor until we hear official word from the company.
Perpetual has has its share of troubles recently, facing its
second round of layoffs in as many years last September, putting fantasy MMO project
Gods and Heroes on hold, facing a
lawsuit from its PR firm and, last month,
giving up the rights to the highly anticipated
Star Trek Online.
