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Posts tagged closure

RadioShack closing 1,100 stores nationwide

Electronics and video game retailer RadioShack is closing 1,100 of its stores in the United States after a disappointing holiday sales performance, Reuters reports. RadioShack's stock dropped by 23 percent after the company announced a quarterly loss this week. Its planned store closures compris...

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Work-for-hire UK indie Remode closing, founders plan new start

UK-based developer Remode will be closing its doors after seven years in operation as a work-for-hire studio, founders Ella Romanos and Martin Darby announced late last week. Romanaos and Darby started Remode with the intention of creating their own IP, using work with other studios to fund develop...

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Over 60 percent of Sony Stores to be closed

Sony announced a restructuring of its Sony Electronics division, resulting in the closure of 20 Sony Stores across the United States. The restructuring will affect approximately 1,000 employees "across all sites," which Sony says will amount to a staff reduction of one-third by the end of the calen...

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Timewalk Games, creators of gold DuckTales NES cart, shuts down

Timewalk Games, a company that specialized in reproducing classic video games from the pre-HD era, has blown the dust off a cartridge for the last time. For those unfamiliar with Timewalk's work, you may remember them as the company that crafted the golden DuckTales NES cartridge. The Timewalk w...

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Offensive Combat studio U4iA Games closes

Just over two years after being launched by two Activision expats, Offensive Combat studio U4iA Games is no longer in operation as of today. The news comes via U4iA's site, where no reason is given for the sudden and immediate closure of the Washingon-based studio. "Our sincere apologies to all ...

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Toki Tori creator Two Tribes loses development staff, continues publishing

Toki Tori developer Two Tribes announced that it is effectively rebooting, paring down its staff to two core team members as it refocuses on the publishing side of its business. Founders Martijn Reuvers and Collin van Ginkel remain with the company, but all previously-employed designers and prog...

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Japanese Walking Dead, Witcher publisher Cyber Front dissolves

Cyber Front, the Japanese publisher of Telltale's The Walking Dead, Valve's Portal series and CD Projekt's The Witcher 2: Assassins of Kings has been dissolved by parent company Kaga Electronics. According to a Gamasutra translation of a statement posted by the company on its website, Cyber Fron...

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Bloodrayne dev Terminal Reality quietly closes its doors

Developer Terminal Reality, a studio best known for creating the Bloodrayne franchise, has apparently been shuttered - though official confirmation of the closure is difficult to pin down. Veteran artist Jesse Sosa, who departed Terminal Reality in 2011 after ten years with the company, confirme...

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Blockbuster to close stores, end US retail and mail DVD operations

Blockbuster LLC will conclude its US retail and mail DVD efforts "by early-January 2014," a press release from parent company Dish Network Corporation announced this week. Folding Blockbuster's retail operations will involve closing "approximately 300 remaining US-based retail stores, as well as it...

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Games for Windows Live marketplace closing August 22, client still operational

Microsoft announced that the Games for Windows Live marketplace will close up shop on August 22, permanently ending the ability to purchase featured content. The Games for Windows Live service itself will remain operational, and purchased games will be unaffected by the closure. Microsoft notes ...

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