Realtime Worlds has slid into "administration", staff being let go
Posted: 18.08.2010 11:34 by Simon Priest Comments: 1
Crackdown and APB developer Realtime Worlds, based in Scotland, has 'officially entered administration' reveals an employee at the studio.

Redundancies had already been rumoured with 60 staff allegedly cut, but now it seems the entire outfit is to collapse; APB to get skeleton crew.

"Official, rtw in administration," twittered Luke Halliwell. A source claims that Realtime CEO Gary Dale flew into the Scotland offices to break the terrible news to staff about the bankruptcy of the developer. They are "given until Friday to clear their desks".

The Boulder, Colorado studio has been "stripped down of staff" also they believe. It seems that they intend to keep on a core team to maintain support for the newly launch APB. Realtime Worlds were believed to be close in finishing their latest project.

It seems pay may be an issue too as Halliwell adds: "Yeah and to be clear we are not getting paid. Its RP1 (think thats right) form time."

There's been no official statement issued by the developer, instead inquiries are being redirecting to the Begbies Traynor Group, an administrator.
Source: Eurogamer
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By Wowerine (SI Elite) on Aug 18, 2010
Wow. Guess that happens when you start making bad games. Better luck next time.