Cheyenne Mountain Entertainment sells off Stargate assets
It's a troubling day for an already-troubled studio, as Cheyenne Mountain Entertainment has sold off Stargate Resistance -- the third-person shooter title that was made to help keep the company afloat and fund further development of Stargate Worlds -- to a startup company called Fresh Start. Fresh Start is comprised of former Cheyenne Mountain Entertainment employees, which means that the title is still in the hands of its makers.
Gamer/Law breaks down the recent events, and notes the salient details: that Fresh Start is in a joint venture agreement with CME to receive and run all of CME's assets (including Stargate Resistance), CME has the option to buy back these assets in the future, and there is no official word on Stargate Worlds. Gamer/Law speculates that there is either "some unpublicised arrangement has been entered into, or Cheyenne's Stargate MMO rights are an asset to be sold to satisfy creditors, or (possibly) Cheyenne has lost those rights following its entry into bankruptcy."
If you haven't been following the long, painful saga of CME and Stargate Worlds, suffice to say that this promising MMO suffered from lack of employee pay, devs jumping ship, extensive layoffs, lawsuits, Chapter 11 bankruptcy, a vague suit brought against former CEO Gary Whiting, and the sudden shift from developing SGW to getting Stargate Resistance out the door. However, whether this latest development will be a positive one to offer hope for a SGW resurrection or the death knell for the game has yet to be seen.
