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NWR Interactive => TalkBack => Topic started by: NWR_pap64 on October 13, 2009, 07:45:46 AM

Title: European Developer Oxygen Games Declares Bankruptcy
Post by: NWR_pap64 on October 13, 2009, 07:45:46 AM

The developer of expanded audience games is seeing tough financial times.
 http://www.nintendoworldreport.com/newsArt.cfm?artid=20145

 UK-based developer Oxygen Games, known for creating budget games aimed at the casual audience, has announced that they have gone into administration (analogous to Chapter 11 bankruptcy in the U.S.). This allows them to continue operating as a going concern while dealing with their creditors.  The company has been assigned FA Simms & Partners Ltd. as overseers of the administration case.    

Oxygen Games was first founded in 2004 in Northamptonshire, England, and created games across many platforms, Wii and DS included. In July of 2008, they formed an American branch called O-Games. Some of the games the company has created include Music for Everyone, Safar'Wii, and Cate West: The Vanishing Files. Earlier in the year, Oxygen Games declared that they had closed internal development in order to pursue a more traditional publishing model, and put their London studio up for sale.

Title: Re: European Developer Oxygen Games Declares Bankruptcy
Post by: broodwars on October 13, 2009, 03:36:30 PM

Damn, now Greg will never see his dream realized of a sequel to Hurry-up Hedgehog!

Title: Re: European Developer Oxygen Games Declares Bankruptcy
Post by: Stogi on October 13, 2009, 03:38:09 PM

That's what you get when you make games for the Wii.

Title: Re: European Developer Oxygen Games Declares Bankruptcy
Post by: vudu on October 13, 2009, 04:06:57 PM

Quote from: Kashogi Y. Stogi on October 13, 2009, 03:38:09 PM

That's what you get when you make games for the Wii.

The ability to make many of them?  Guess you're right.  If they had decided on 360 or PS3 they would have known after a single game that they were doomed to failure and they would have been put out of their misery sooner.

Title: Re: European Developer Oxygen Games Declares Bankruptcy
Post by: Stogi on October 13, 2009, 04:08:19 PM

Hey sarcasm called. He hates you.

Title: Re: European Developer Oxygen Games Declares Bankruptcy
Post by: NinGurl69 *huggles on October 13, 2009, 04:08:29 PM

A company run by birdmen eventually has to abandon its nest.

Title: Re: European Developer Oxygen Games Declares Bankruptcy
Post by: Mop it up on October 13, 2009, 06:49:12 PM

I've never heard of this company or their games.

Title: Re: European Developer Oxygen Games Declares Bankruptcy
Post by: TJ Spyke on October 13, 2009, 07:51:06 PM

I had heard of them before, but only for a reputation of being a shovelware company.

Title: Re: European Developer Oxygen Games Declares Bankruptcy
Post by: KDR_11k on October 14, 2009, 02:41:56 AM

So much for the"shovelware is massively profitable" myth, eh?

They published Chronos Twin over here though.

Title: Re: European Developer Oxygen Games Declares Bankruptcy
Post by: GoldenPhoenix on October 14, 2009, 02:45:24 AM

So I guess the lessons we've learned is that if you make an HD game you better be sure it is a success if you are a smaller developer, but on the flip side if you release low budget crap no one wants to buy actually adds up over time and you go bankrupt as well.

Title: Re: European Developer Oxygen Games Declares Bankruptcy
Post by: NWR_Lindy on October 14, 2009, 08:28:18 PM

In other words, don't be stupid.

Title: Re: European Developer Oxygen Games Declares Bankruptcy
Post by: KDR_11k on October 15, 2009, 10:55:49 AM

People act like making shovelware for the Wii is smart.

Title: Re: European Developer Oxygen Games Declares Bankruptcy
Post by: NWR_Lindy on October 15, 2009, 11:05:10 AM

Now, bear in mind they're still in operation.  This is basically them looking for financial rescue so they don't have to shut down completely.