gulogo.gif  
 
1. Hiatus
2. RIP, Satoru Iwata
3. Let there be Robot Battles
4. Regarding pixel art!
5. 16-bit Star Wars
6. Goodbye, Spock.
7. James Randi Retires
8. More Star Wars on GOG
9. Archive.org gives you DOS Games
10. Ralph Baer, RIP.
1. Quickie: Impressions June 2014
2. Quickie: Penny Arcade Episode 3
3. Quickie: The Amazing Spider-Man
4. Quickie: Transformers: Fall of Cybertron
5. Quickie: Prototype 2
6. Quickie: Microsoft Kinect
7. Quickie: X-Men Destiny
8. Spider-Man: Edge of Time
9. Quickie: Transformers Dark of the Moon
10. Quickie: Borderlands GOTY
1. Musings 45: Penny Arcade and The Gripping Hand
2. Movie Review: Pacific Rim
3. Movie Review: Wreck-It Ralph
4. Glide Wrapper Repository
5. Movie Review: Winnie The Pooh
6. Musings 44: PC Gaming? Maybe it's on Life Support
7. Video Games Live 2009
8. Movie Review: District 9
9. Musings: Stardock, DRM, and Gamers' Rights
10. Musings: How DRM Hurts PC Gaming
Main Menu

Affiliates
X-bit labs
The Tech Zone
Twin Galaxies

Login






 Log in Problems?
 New User? Sign Up!


 Sep 02, 2004 - 10:54 AM - by Michael
* Acclaim Officially Dead

Printer-friendly page Print this story   Email this to a friend
PC Games/Hardware/Microsoft
After a long downward spiral, Acclaim Entertainment is officially dead.
As reported yesterday on GameSpot, a Chapter 7 proceeding means the company seeks to liquidate all its assets in order to pay off as much debt as possible. Those are the final steps toward completely dissolving the corporate entity.

The dispatch carried today in Newsday said that Acclaim "listed assets of between $10 million and $50 million and debt of more than $100 million" when it presented documents to the bankruptcy court.

I'd try to be sad, but their last good game was so long ago, I can't remember the name of it.
 

Home :: Share Your Story
Site contents copyright Glide Underground.
Want to syndicate our news? Hook in to our RSS Feed.