Factor 5 is no more
Posted on 14. May, 2009 by DaSolidProof in Real Talk with the HipHopGamer
Well ladies and gentlemen, the rumors that were circling the net for the past couple of months about the Factor 5 studio is nearing its demise is true. The studio known for Lair and the Rogue Squadron series, have succumb to the beast known as recession. The company was hit hard financially after their publishing partner Brash Entertainment defaulted on payments for the upcoming Superman game it had been working on.
Achim Moller, CEO of Factor 5 stating this:
“We are sorry to announce the closure of the San Rafael-based Factor 5, Inc. studio, but the obstacles created by the sudden bankruptcy of Brash Entertainment for the continuation of operations have turned out too great to overcome in the current economic climate,” a message on Factor 5’s German website reads.
“Factor 5 GmbH, which has been creating games since 1988 with its headquarters in Cologne, Germany, is entirely unrelated to Factor 5, Inc. and the circumstances surrounding Factor 5 Inc.’s recent challenges. Although we are saddened by Factor 5 Inc.’s situations, our corporation will remain unaffected by these developments and has partnered with both old and new friends in the industry who will reveal our upcoming projects over the next months.”
Sources:
Factor 5 website
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