Slashdot Mirror

← Back to Stories (view on slashdot.org)

Atari Facing $291 Million Debt Claim From... Atari

Posted by Soulskill on from the autocannibalism-is-a-great-capitalist-tradition dept.

An anonymous reader writes "Atari declared bankruptcy earlier this year, and part of that process involves selling off its property in order to pay as many entities holding its debt as possible. The latest round includes a $30 million claim from Atari's parent company in France, and a $261 million claim from another subsidiary of that parent company. The $30 million debt is secured (in other words, they get priority on whatever's left in the U.S. Atari's coffers), but the $261 million debt is not, so they'll have to wait in line with everybody else." The article also lists some interesting sell-offs. The old Accolade brand got sold for $50,000, the Battlezone Franchise was sold to Rebellion Interactive for $566,500, and Wargaming World Limited purchased the Total Annihilation and Masters of Orion franchises. Stardock Systems, creators of Sins of a Solar Empire, picked up the rights to the Star Control franchise, which they intend to reboot. (Those who played it will recall that StarCon2 was the Best Game Ever. And it's been remade after the creators released the source code.)

5 of 121 comments (clear)

  1. holy fucking shit by Anonymous Coward · · Score: 5, Interesting

    new star control game?!

    ANYONE?!

    1. Re:holy fucking shit by cheesybagel · · Score: 4, Interesting

      Yeah. For whatever reason I liked GalCiv better than GalCiv 2. I still prefer Master of Orion II from SimTex. But Sins of a Solar Empire was nice. Even though Stardock didn't develop the game. They just distribute it.

    2. Re:holy fucking shit by jamstar7 · · Score: 4, Interesting

      I still play Masters of Orion 2. I have to run it in DosBox on my Linux machine, but it works...

      --
      Understanding the scope of the problem is the first step on the path to true panic.
  2. but what about D&D? by lister+king+of+smeg · · Score: 4, Interesting

    Atari owned the rights to make D&D based computer rpg's does that right get sold or returned to hasbro or is it under another branch of atari? If it is under this branch of atari what happens to the lawsuit against beam dog over the baldurs gate enhanced edition that is holding up the android and linux ports from being released.

    --
    ---Saying gnome 3 is better than windows 8 not so much a compliment as it is damning with light praise.
  3. That's odd... by Daetrin · · Score: 3, Interesting

    So Stardock got the rights for Star Control but _not_ Master of Orion? I wonder if they were outbid, or decided to pass on it since they have Galactic Civilizations, their own decently reviewed and decently selling turn based 4x space game. They can always make GalCiv 3 not that they've passed on the opportunity to make MoO 3 (it's too bad no one ever made a third MoO game before) but even after all this time i think perhaps the MoO name might have given them some cachet (and thus sales) that GalCiv wouldn't get.

    As for Star Control, despite the issues with the original release of Elemental i have a moderate amount of faith in Stardock's ability to handle the game well, but they've demonstrated themselves to be both credible as a developer (Galactic Civilizations, Political/Corporate Machine) and as a publisher (Sins of a Solar Empire with Ironcald Games.) So i wonder if they're going to develop this game themselves, or farm it out to someone else. Someone like, i dunno, Toys for Bob? :)

    --
    This Space Intentionally Left Blank