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Final Realtime Worlds employees let go, US branch also shutting down
Though reports last week seemed to indicate that a buyer would swoop in at the last second and save the faltering APB developer Realtime Worlds, the studio has revealed that its remaining 50 employees have been terminated. Sixteen temporary positions are still active to finish shutting down the Dundee studio. The company's US branch, based out of Boulder, Colo., is facing a similar fate, letting go of 33 of its staff, leaving behind a skeleton crew to bring the branch to a close. A Realtime spokesperson told Develop that the studio is "now likely to apply for Chapter 7 Protection." Begbies Traynor, the firm responsible for the company's administration, is also under fire from a handful of sources both internal and otherwise. Develop reports that a number of ex-Realtime employees claim they've been denied their redundancy pay -- a claim which a Begbies Traynor spokesperson responded to by saying, "redundancy payment will be made in accordance with current UK legislation."
Realtime Worlds' MyWorld purchased, APB still in limbo
Develop, a European-based games industry trade magazine, has revealed the sale of Project MyWorld from troubled studio Realtime Worlds to an unnamed American company. In a story released on its website earlier today, the publication stated that the purchase has split Realtime Worlds into at least two separate entities, each of which is being eyed by several potential buyers. The fate of the 23 developers recently re-hired by administrating firm Begbies Traynor is currently unknown, as is the ultimate fate of Realtime Worlds' more famous creation, the $100 million MMOFPS known as All Points Bulletin. Develop's confirmation of a U.S.-based purchaser for Project MyWorld would seem to invalidate speculation that the anonymous buyers are Realtime Worlds heads Dave Jones and Ian Hetherington. You can view all the details at Develop's website.
Realtime Worlds re-hires 23 MyWorld employees
The saga of Realtime Worlds continues, this time with a happy ending for 23 employees of the MyWorld project that were laid off earlier this month. In a press release from business restructuring firm Begbies Traynor, administrator Ken Pattullo lays out the details. "As a smaller entity, MyWorld is attracting considerable interest from potential buyers and 23 members of the team who had been working on the project clearly add value to it as a standalone business," Patullo said. In addition to MyWorld, a platform for creating social games announced earlier this summer, Realtime Worlds will continue to operate All Points Bulletin even as it looks to finish restructuring with an eye towards creating a company that can support the urban crime MMOFPS.
Realtime Worlds courting multiple buyers, staff reduced by 75%
As Realtime Worlds enters administration (read: dire straits), the ailing APB developer is reaching out to potential buyers "in both the UK and US," according to statements made by the company's administration consultant Begbies Traynor Group. "We are actively pursuing all these expressions of interest," Begbies Traynor joint administrator Paul Dounis told Edge. He also put a finer point on the staff count at the Dundee, Scotland and Boulder, Colorado offices, pinning the remaining employee number at just 67 in total out of an original 252 -- an approximately 75 percent reduction in staff. The studio apparently owes around £3 million ($4.6 million) to debtors in the UK. Dounis also pointed out that "The game [APB] will continue and that is something we want all customers to be aware of." Meanwhile, no one has mentioned what happened to that poor "Human Avatar" fella. He could be anywhere.
