LA Times wrote:The U.S. operations of iconic but long-troubled video game maker Atari have filed for bankruptcy in an effort to break free from their debt-laden French parent.
Atari Inc. and three of its affiliates filed petitions for Chapter 11 reorganization in U.S. Bankruptcy Court in New York late Sunday.
Its leaders hope to break the American business free from French parent Atari S.A. and in the next few months find a buyer to take the company private. They hope to grow a modest business focused on digital and mobile platforms, according to a knowledgeable person not authorized to discuss the matter publicly.
Please insert [5] coins to continue...
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GAME OVER
Most people would sooner die than think; in fact, they do so - Bertrand Russel
Actually there are more than one Atari. At this point Atari is just a name and not much else. And there is a difference between Infograms that became Atari and GT interactive that became another Atari.
I think we need more proper experiences in gaming. Or we might see smaller more manageable groups with subscriptions and paid content.