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Stormfront Update - there is hope..

April 5th, 2008 · No Comments · Trackback URL

Over on there is an interview with Stormfront president Don Daglow in it he presents some hope that is not gone “I think the best way to put it is to say that we’ve suspended operations. We’ve sent virtually everybody home. The discussions that are going on—we were very close to having some things signed”

He also points to publisher mergers and acquisitions creating uncertainty in the industry and delaying the signing of projects. Combine that with the difficulty of securing bridge loans in todays financial markets and as he put it you go very quickly from “Hey, it looks like things are going to be fine…” The number of days it takes to go from there to not being able to pay people is not very many, in that situation.

The entire interview is worth reading and is a fascinating look into the risks and rewards of running a game studio. I highly recommend you read it..

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Categories: Games · news

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