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UGO buys 1UP.com from Ziff-Davis, major redundancies follow
UGO has today acquired gaming website 1UP.com from Ziff Davis. Some of the key elements of the deal: Ziff-Davis is getting out of the games space in order to “pay down debt and shift our full focus...
- Posted 16 years ago
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Oxygen to cease internal development
MCV reports that Oxygen Games is to cease internal development. The publisher of titles such as Cheggers’ Party Quiz and My Dress-Up is seeking a buyer for its London studio. The studio was formed in 2007 to...
- Posted 16 years ago
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140 jobs go at Free Radical
Free Radical Entertainment went into administration on 19th December and confirmed last Friday that 140 out of 185 jobs were to go. Cameron Gunn of Resolve Partners has been appointed as administrator of the fiercely independent studio, which...
- Posted 16 years ago
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Zavvi goes bust
On Christmas Eve, when entertainment retailers should be raking it in, Zavvi has entered administration, putting 3,400 jobs at risk. The proximate cause is the collapse of EUK. Zavvi is believed to have owed the distributor (owned...
- Posted 16 years ago
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Factor 5 believed to have shut down
Following recent news of redundancies at Factor 5, sources suggest that the studio may have closed its doors entirely. While there has been no official statement, Shacknews and IGN are both reporting that Factor 5 has closed,...
- Posted 16 years ago
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Entertainment UK to close
Entertainment UK (usually known as EUK) is no longer being seeking buyers as a going concern and will be closed, according to administrators Deloitte. 700 staff have been made redundant immediately, with 375 staff retained. The decision...
- Posted 16 years ago
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Pinnacle goes into administration
Video games distributor Pinnacle Entertainment has been placed into administration. BDO Stoy Hayward have been appointed as administrators and immediately made 94 staff redundant. Added to the Job Loss Tracker.
- Posted 16 years ago