Developer Fireforge, creator of the recent Ghostbusters movie tie-in game, has filed for bankruptcy.
According to Kotaku, Fireforge Games filed for Chapter 7 bankruptcy on July 15, just three days after releasing Ghostbusters, a game which was not received well upon its release.
Fireforge has had a rough few years, starting development on two projects respectively codenamed Zeus - which was to be published by Razer - and Atlas, which was funded by Chinese investment holding company Tencent. Development on both projects ceased shortly after it began.
Kotaku reports Fireforge now owes $11.3 million to Tencent. In addition, Fireforge is engaged in a lawsuit with Singapore-based company Min Productions (owned by Razer CEO Min-Liang Tan), which alleges Fireforge failed to deliver on its contract with Zeus, and instead took the money to use on Atlas' development.
from IGN Video Games http://ift.tt/2admWK7
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