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Old 09-01-2011, 07:32 PM   #3754
Emperor Smeat
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Team Bondi appears to be closer to shutting down as a studio after the Australian Securities and Investments Commission (ASIC) officially placed the company in "Administration" (bankruptcy) after recent news of the studio attempt to find a new parent company collapsed.

After being dropped by Rockstar in regards to poor working conditions for their employees and a constant refusal to follow Rockstar's project demands, the studio had been shopping around to find another parent company.

KMM studio had been rumored to be willing to purchase the studio but talks broke down after a recent meeting involving the bosses of both companies with the Team Bondi boss being viewed as the main reason for the failed talks.

As of now, Rockstar owns complete control over the rights to L.A. Noire and Team Bondi is rumored to have unofficially shut down its headquarters.


http://zillas.screwattack.com/news/s...dev-team-bondi
http://kotaku.com/5827579/nobody-wan...n-buyout-talks

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Quick News Round-Up:

1) Leading up to Call of Duty XP event, Activision announces all DLC for the Call of Duty series will be 50% off for this weekend on XBLA, PSN, and Steam. Premium themes will also be 50% off in price and full game downloads will drop to $34.99 for Modern Warfare 2 and $49.99 for Black Ops.

2) Rockstar announces it will be releasing another DLC pack for Red Dead Redemption's multiplayer titled "Myths & Mavericks" for free on September 13. The DLC pack will feature 11 new multiplayer maps with half just for Stronghold mode and 8 new characters to expand the in-game roster.

3) THQ announces WWE All-Stars will be getting a 3DS version on November 22 with the DLC characters included in the roster for free. Also announced was besides the 3D visuals, the game will contain 2 new exclusive modes to be officially revealed at a later date.
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