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Team Bondi Bankrupt


Karooo

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Team Bondi are now bankrupt and the remaining staff are going to be bought by KMM, including Brendan McNamara who was instrumental in sealing the deal. Apparently Depth Analysis (the sister company who own the face tech) are also in some trouble after making little to no money off of LA Noire (like TB themselves).

 

Rockstar own the LA Noire ip, so it will be interesting to see what happens next.

 

http://www.eurogamer.net/articles/2011-07-05-la-noire-the-team-bondi-emails-article

http://www.eurogamer.net/articles/2011-08-04-embattled-team-bondi-seeking-buyer

 

GG, guys. GG.

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Reading about the horror stories on EG and IGN, I can say that they deserved it. Rockstar did their best and even made them finish their product in time, else that was going to be one f**ked up waste of resources. Sony, who is usually patient with their exclusives, got pissed and left the project midway. That tells you something about the quality of work they were doing.

 

Read that detailed article on IGN/EG guys.

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Or Cockstar took all the money and left them hanging..

 

come on it's not like there was a sack of money and rockstar ran away with it.

 

the money split is decided in the contract between the two companies. either bondi managed to get themselves into a contract where they don't earn anything even after 3-4 million sales, which would be incredibly stupid, or rockstar isn't paying them their share, in which case we would have heard a story about bondi suing rockstar well before we heard the story about bondi going bankrupt.

 

what the hell is going on here?

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the game sells millions of copies and they still go bankrupt. there must be some kind of epic mismanagement going on there.

 

Maybe Rockstar took all the money for dealing with all their bullshit for years.

 

Edit: Posted by CC.

 

Anyway, I think the facial tech was way too expensive, and maybe it needed a lot more money to break even or something.

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sony must be laughing their a*s out atm. mcnamara deserved it though, he made that colossal disaster for sony and now the whole studio is relegated to making casual shovelware no one cares about along with the closure of multiple internal studios.

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Every dog has its day and there's going to be hell to pay for this one. I'll never forget being treated like an absolute **** by that guy."

- Herp Derp, former Team Bondi employee

fixed

also agree with Spinny,

This is surprising

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