Prizefighter Dev May Shut Down
July 5th, 2008 Posted in Business
Kotaku reports that UK-based Venom Games may face layoffs or outright closure following an evaluation by parent company Take-Two Interactive.
“We are assessing the role of Venom Games in Take-Two’s overall global studio system and are in a consultation with the employees of Venom in relation to possible redundancies at the studio,” Take-Two revealed in a statement. “No final decision will be made until after the consultation with employees.”
The studio is known for its work on the Xbox 360 version of Prey and the recently released boxing simulation Don King Presents: Prizefighter.
No reason was provided for the assessment of the studio, though guesswork suggests the negative critical reception of Prizefighter to be the cause.