3DO Files For Bankruptcy

Thanks to an anonymous reader for pointing to a Reuters report via Yahoo News announcing that game publisher and developer 3DO has filed for bankruptcy. As the article indicates, the former console hardware creator "..has struggled to gain a foothold in the competitive games business and has relied on Chief Executive Trip Hawkins for recent funding." Even a recent attempt to buck their reputation for bad quality games by funding higher-budget titles such as 'Four Horsemen Of The Apocalypse' seems to have ended in failure, since industry sources are indicating all except 20 employees have been laid off, effective today, as the company looks to sell its properties.

Comments

Did they ever move anything? And shake it?

[TwistedKestrel]

This sums up everything I remember about 3DO recently. I mean, I do find it rather remarkable that they held on for so long after that console with their name on kind of didn't do so well ... but between then and now, have they done anything interesting? Remarkable? Something that makes this death tragic? This is not a rhetorical question, I really wanna know.

Re:Did they ever move anything? And shake it?

[chota]

Actually, you make a very good point.

I'm reminded of the article a little while ago where the "indy artist" released his album as mp3s on a website and nobody wanted to buy his album (or even download most of the songs)...

It wasn't because of "the big bad market." It was, quite simply, because they sucked.

Imagine -- a game company that doesn't make good games... I chalk this one up to good ol' economics. People don't buy games that suck, company that makes games that suck doesn't get money, company goes under.

Any questions?