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Free Radical up for sale

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Lady_Satine
Title: Head of Lexian R&D
Joined: Oct 15 2005
Location: Metro area, Georgia
PostPosted: Dec 29 2008 03:31 am Reply with quote Back to top

Things aren’t looking so good for the famed TimeSplitter series developer, Free Radical. It has been confirmed today that the game developer is officially up for sale. The situation began shortly after Free Radical’s latest title (Haze - PS3) bombed in both reviews and sales. Combine the aftershock of a sorry game with the current global economy and you get layoffs, cutbacks and now a for sale sign.

Soon after the cutbacks began, a group of Free Radical’s top developers including David Doak and Steve Ellis broke away from the company to form UK developer, Pumpkin Beach. These key members have worked with Rare on previous AAA titles such as GoldenEye 007 and Perfect Dark.

Interestingly enough, the particular video game IPs available for sale have been reported to be the TimeSplitters franchise as well as several other mystery IPs which have been eyed by many gaming firms.

It was confirmed in July 2007 that TimeSplitters 4 was in deep development. Many rumors have also flared that Star Wars Battlefront III was in development by Free Radical.


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Syd Lexia
Site Admin
Title: Pop Culture Junkie
Joined: Jul 30 2005
Location: Wakefield, MA
PostPosted: Dec 29 2008 07:17 am Reply with quote Back to top

Video games are recession proof though. VG sales have actually increased this year.



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Bluey
Title: 99 Beserkers
Joined: Jul 18 2007
Location: Thirteenth Street
PostPosted: Dec 29 2008 04:09 pm Reply with quote Back to top

I hope TimeSplitters gets picked up by someone competent. It's the kind of game series that is either really good or really bad depending on what kind of writers it gets.

And that's all I have to say because I had no idea Free Radical ever did anything else.


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GPFontaine
Joined: Dec 06 2007
Location: Connecticut
PostPosted: Dec 29 2008 04:59 pm Reply with quote Back to top

Thank you, but I have plenty of free radicals to deal with. It is exactly why I keep my intake of antioxidants high all year round and do my best to keep my immune system strong.



 
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