Free Radical is receiving significant interest
- Posted December 22nd, 2008 at 11:51 EDT by
- 17 Comments
Continuing the story around TimeSplitters 4 developer Free Radical, ReSolve has officially set the company into administration. While this is a disappointing experience for its employees as well as the gamers who supported them over the years, ReSolve's Cameron Gunn has revealed that their is significant interest in the developer if the company decides to put on the market. Shortly after employees found out about the shut down, 100s of them have already taken their leave to look for employment elsewhere.
According to Gunn, he's "not aware of any formal resignations over the last 24 hours, but we can't stop people resigning from Free Radical. Not a single person had been made redundant, though the company reserves the right to do so. The staff have been paid December salaries and told to go home. What we are trying to do right now for the first few days is understand the present financial position of the company. We have a team of people doing that right now, who are on site looking into the records."
It's no secret that the TimeSplitters franchise has been quite the cult hit and classic on the PlayStation format, so we're more than curious to see if a game that has already been in development for the past year will continue its course. While it is unlikely for it to continue at an independent Free Radical, there is a big possibility that a publisher may pick up the studio and the title.
"We are very confident that we will achieve a sale if we decide to market the business," says Gunn," it's a testament to the employees and the regard of the company that a significant interest has already been shown."
Maybe EA will pick them up? We kid.
- 6:58am EST - December 22nd, 2008
I really hope some company buys them. It would be a shame to have the TimeSplitters series cancelled.
- 7:12am EST - December 22nd, 2008
sony should buy them. then TS4 would be exclusive and would have a huge budget.
- 7:16am EST - December 22nd, 2008
God i hope Sony pick them up.
- 7:25am EST - December 22nd, 2008
come on sony...make ur move!!!!!!
- 7:40am EST - December 22nd, 2008
SONY!!!!!!!!!!!!!! Please? Exclusive games+funding is cool for them.
lordAlucard | sympozium_666
- 7:41am EST - December 22nd, 2008
Quick Sony buy it!! before Micro$oft buy another Playstation exclusive because they are sad
- 7:44am EST - December 22nd, 2008
While I would love for Sony to scoop these guys up, I find it difficult for them to do so seeing that they had to lay off some of their own due to these economic times. I don't know if it will go over well with those that were laid off. In fact there a lot of companies in this situation so they (FRD) may be services out to different companies or defect and start their own as an indie only to be bought at a much lower price.
*sticky keys :(
- 8:09am EST - December 22nd, 2008
Sony its your time to move!!!
- 8:24am EST - December 22nd, 2008
I don't want Free Radical to die I love them too much, I hope something gets sorted quickly before more employees leave.
- 8:24am EST - December 22nd, 2008
Would be cool if Sony picked them up
- 9:24am EST - December 22nd, 2008
Why O Why O Why?
I suppose all I can hope now is that sony buys them...
- 9:33am EST - December 22nd, 2008
Sony need to buy them NOW! They would not even have to plop down 30million for a bust company
maybe 5 - 6m.
- 9:35am EST - December 22nd, 2008
You just KNOW m$ is waiting in the wings like a friggin' vulture. Heed my words.
- 10:36am EST - December 22nd, 2008
Hmm... on the one hand, I'd like Sony to pick them up... but then I remember Haze, and think... 'meh!"
- 12:53pm EST - December 22nd, 2008
hope they get bought, be good to see a timesplitters on this generation of consoles.
- 12:18am EST - December 23rd, 2008
YES sony please pick them up. lord only knows what EA's chumps would do to a possibly beautiful TimeSplitters 4... -_-
- 3:50am EST - December 23rd, 2008
psn id: gingo... i hope they continue strongly with timesplitters though and dont pull another Haze because i believe thats what got them into this mess
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