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Palladium Books Going Out of Business

Posted by ryuzaki0 on from the ha-ha dept.

kainewynd2 writes to mention a public plea put out in the Palladium books forums by the company owner Kevin Siembada. He bemoans the Rifts publisher's poor financial outlook, and asks people to buy a $50 print to save the company. From the post: "The truly wonderful Rifts® videogame - Rifts® Promise of Power - was stillborn. The N-Gage platform never took off in North America. That meant the N-Gage and Rifts® Promise of Power would NOT be available on the mass market in the USA and Canada. Finding it anywhere in North America required an act of God. There would be no Nokia royalty-based revenue stream. Nor would there be a Nokia videogame sequel and the money that might come from it. Nokia treated me nothing short of GREAT. They lost truckloads of money on this venture. We're both the victims of marketing fallout. Please don't blame these wonderful people for Palladium's woes - circumstance just didn't make them part of our solution." Wow, they made a game for the N-Gage and then lost a bunch of money. Who ever could have forseen that?

2 of 126 comments (clear)

  1. I didn't know who they were by GearType2 · · Score: 3, Informative

    http://en.wikipedia.org/wiki/Palladium_Books

    Honestly, I thought myself an avid RPer, being a fan of cyberpunk and D&D for the past few years. I've been to many a game store, but somehow never noticed *any* of their books:
    http://en.wikipedia.org/wiki/Palladium_Books
    ^Information on who they are, and what they sell^

  2. Please update the post with important information by fruitbane · · Score: 5, Informative

    Two things we needed to see in the post that make this Slashdot post misleading, all important items in the full article, are that:

    1.) Palladium is close to going out of business, but not out just yet.

    2.) Their primary reason for being on the brink appears to be embezzlement, or some related crime. Their real business isn't enough to overcome the loss incurred due to that legal trouble.

    I'm not a big RIFTS fan, but I'm all for responsible reporting.