The icy cold hand of economic failure has gotten a hold of yet another video game publisher. The victim this time around is JoWooD Entertainment, publisher of the well-known Gothic and Spellforce action RPG franchises. A report on JoWooD’s corporate page announced that the company would be filing for “a procedure of capital reorganization”.
This wouldn’t be the first time the company’s had legal or monetary issues. In 2005, JoWooD attempted to end its partnership with Perception due to a dispute over the quality of their games. This triggered a series of events that culminated in JoWooD escaping bankruptcy.
This time around, though, JoWooD Entertainment wasn’t that lucky, and both creditors and investors are urged to get in contact and form negotiations with the company.
[Source]
To kick off 2021, we have a glorious return to one of the best franchises…
Last summer, we got our first official look at Hogwarts Legacy. The RPG set in…
Today, it was revealed that Ubisoft would be helming a brand-new Star Wars game. The…
Housemarque shared lots of new details about their upcoming PS5 game Returnal. Today, we learn…
Huge news concerning the future of Star Wars games just broke out. Newly revived Lucasfilm…
GTA 5 is probably the biggest game of all-time. It has sold over 135 million…