L.A. Noire developer facing financial ruin

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Under the watchful eye of Rockstar Games Team Bondi created the impressive L.A. Noire, but less than six months after releasing the top selling crime thriller the Sydney-based studio is facing the prospect of bankruptcy.
The company has gone into administration this week, according to documents filed with the Australian Securities and Investments Commission, meaning the Sydney-based studio is fundamentally insolvent.
Australian law reserves bankruptcy for individuals only. Companies who are no longer financially viable are placed under the control of an administrator, and directors no longer have the authority to act for the company.
All of Team Bondi’s remaining assets were sold earlier this month to Kennedy Miller Mitchell (KMM), the multimedia company co-founded by Mad Max creator George Miller.
The gaming world closely followed the growing crisis at Team Bondi, following ongoing allegations of poor management, and unacceptable work conditions throughout the game’s lengthy seven-year development process.


Posted:

Source: http://www.gamefreaks.co.nz/2011/09/02/la-noire-developer-closing-down/

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"L.A. Noire developer facing financial ruin" :: Login/Create an Account :: 18 comments

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TheBrownGuyPosted:

Well thats a shame, La Noire was a really good game

AhriPosted:

I'm seriously shocked with this.

Best game ever.

aBoxOfMintsPosted:

Don't own the game but heard it was badass, it sucks to hear how developers suffer like this!!

System32Posted:

MuschelKubus117
Chazay The game never looked to good, i feel bad for everyone who bought it, heard it sucked too.


Damn dude this game was amazing. I feel bad for you that you think that it sucked.


Exactly man, shit was epic. Technologically, it was the best game ever. Nice storyline aswell, you just have to be down with the sort of gameplay :)

MuschelKubus117Posted:

Chazay The game never looked to good, i feel bad for everyone who bought it, heard it sucked too.


Damn dude this game was amazing. I feel bad for you that you think that it sucked.

TTGMutedPosted:

GreenDay this game had amazing graphics and and awesome story line.
Didnt like the ending much but nevertheless this is sad


This was one of best games ive ever played, didnt like the ending that much either, but the storyline was amazing.

Sad to see this company take a turn like that, was hoping for a sequel.

TTGMutedPosted:

Morphable I Actuallly bought the game, my friend told me how good it was going to be so i wanted it. after i made it to the second disk the game got really boring. it just reapeats its self over and over again but the only difference is what case your on. but i will admitt, the graphics were good. .... if on CoD had graphics like L.A. Noires. IM A ***!


It was an amazing game, go play CoD if you love it so much that shit is boring.

-Nuked-Posted:

-Ant-
Chazay The game never looked to good, i feel bad for everyone who bought it, heard it sucked too.


The game was amazing.

You have no right to say its bad if you never even touched it.

Majority of reviews it got were positive, do some research before you comment. Your friends don't tend to be a reliable source for information.


I have to agree, this game was amzing. Though i though it was short story mode, still awesome.

NicPosted:

That's too bad, I really enjoyed playing the game.

AntPosted:

Chazay The game never looked to good, i feel bad for everyone who bought it, heard it sucked too.


The game was amazing.

You have no right to say its bad if you never even touched it.

Majority of reviews it got were positive, do some research before you comment. Your friends don't tend to be a reliable source for information.


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