On paper, Trion World Networks is doing quite well, having raised $100 million in capital and announcing this week that it has joined the ESA. The company will allegedly show its first title at E3, but that's just "rumor and speculation" for now.
Full statement:
Jon Van Caneghem has transitioned out of his role as president and no longer holds any operational responsibilities at Trion. His creative and operational roles have been distributed among the talented senior team.
Trion is focused on creating the next generation of entertainment and will continue to evolve its operations to deliver on its vision. The Company has great momentum and has scaled up its operations tremendously. Trion is well funded, has strong teams with ambitious games in production and its partners are the leading players in the media, technology and finance worlds.
JVC's departure is a part of the natural evolution of the growing company. To manage an ambitious and successful operation, the Company will always rely on its core belief that great teams plus great processes make great games.
