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Amiga computer related discussion => Amiga Software Issues and Discussion => Topic started by: redrumloa on October 23, 2009, 01:38:00 PM

Title: Cinemaware Assets sell for $150,000, after being written down to zero.
Post by: redrumloa on October 23, 2009, 01:38:00 PM

http://finance.yahoo.com/news/eGames-Announces-Sale-of-pz-1448050314.html?x=0&.v=1
 

Quote

LANGHORNE, Pa., Oct. 21, 2009 (GLOBE NEWSWIRE) -- Casual games publisher and developer eGames, Inc. (Pink Sheets:EGAM (http://finance.yahoo.com/q;_ylt=Aq4lF3crzz2X7npVu2WW44z8ba9_;_ylu=X3oDMTB2bW5wcWc2BHBvcwMxBHNlYwNuZXdzQXJ0U3RhcnQEc2xrA2VnYW0-?s=egam.pk) - News (http://finance.yahoo.com/q/h;_ylt=ArUI7hSL3K3YN79.NlqfVKb8ba9_;_ylu=X3oDMTB2MWIxcnJxBHBvcwMyBHNlYwNuZXdzQXJ0U3RhcnQEc2xrA25ld3M-?s=egam.pk)) announced today that it has sold the intellectual property rights related to its Cinemaware assets to an undisclosed buyer for $150,000 cash. This sales transaction will be reflected in the Company's fiscal quarter ending December 31, 2009, and will favorably impact those financial results because the book value of the related assets had been written down to zero during the year ended June 30, 2009.

Title: Re: Cinemaware Assets sell for $150,000, after being written down to zero.
Post by: dannyp1 on October 23, 2009, 02:26:27 PM

It makes you wonder who bought the property and why.  At one time those games were some of the best for the Commodore 8-bits and Amigas.  Maybe somebody plans to put some of the games on one of those hand-held game machines that plug in the front of your TV?

Dan

Title: Re: Cinemaware Assets sell for $150,000, after being written down to zero.
Post by: persia on October 23, 2009, 02:37:30 PM

Perhaps it was the purchasers most ambitious project(tm)?

Title: Re: Cinemaware Assets sell for $150,000, after being written down to zero.
Post by: ferrellsl on October 23, 2009, 02:50:00 PM

Probably bought up by one of the bigger game developers so that some of CinemaWare's more popular titles can be resurrected on a new platform.  Man, how I loved those old titles....still do.  I think resurrected versions on today's hardware (PC or AOS) with a 3D engine would be awesome.  Whatever the platform, I'd probably buy them again just for sake of nostalgia.

Title: Re: Cinemaware Assets sell for $150,000, after being written down to zero.
Post by: Darrin on October 23, 2009, 04:18:57 PM

Expect a "World of Warcraft" style re-release of "It Came From The Desert" soon.  ;)

Well, we can dream...

Title: Re: Cinemaware Assets sell for $150,000, after being written down to zero.
Post by: mdv2000 on October 23, 2009, 07:24:23 PM

Well, there was Robin Hood: Defender of the Crown for PS2/Xbox (Actually quite good game considering it wanted to stay true to original gameplay).  Also, Wings made it to the gameboy advance with extra mission types...  I don't see the sports titles ever re-emerging... but Rocket Ranger and It Came from the Desert are two great games that could be modernized for sure....  

Let's hope for the best!  And don't forget you can play the original DOTC at http://www.cinemaware.com/