10Tacle Studios AG files for bankruptcy

10Tacle Studios AG files for bankruptcy (in German). Bye bye to that last bit of money they owe me from a few months ago I guess. I am not the only one they still owe money to.

The big question for a lot of people in the German-speaking industry will be: What took them so long? They kept buying studios and not releasing games. My impression is that they were way better at financial wizardry than at producing games.

When I was discussing doing work for them I mentioned my doubts about public companies buying lots of studios. The guy I talked to said: “Maybe it reminds you of JoWooD?” and I said: “No… Phenomedia” (which still exists, wow).

Anyway, luck and strength to all the people trying to make good games there.

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