Realtime Worlds

Type
Bankruptcy
Country
United Kingdom
Region
Scotland; Eastern Scotland; Angus and Dundee City
Location of affected unit(s)
Dundee
Sector
Media
59 - Motion picture, video and television programme production, sound recording and music publishing activities
59 - Motion picture, video and television programme production, sound recording and music publishing activities
59 - Motion picture, video and television programme production, sound recording and music publishing activities
150 jobs
Number of planned job losses
Job loss
Announcement Date
18 August 2010
Employment effect (start)
Foreseen end date

Description

More than 150 staff were made redundant after Realtime Worlds, a Scottish video game company, collapsed with debts of £3m. The closure is largely blamed on the poor sales of its newest action release.

Sources

  • 18 August 2010: Guardian

Citation

Eurofound (2010), Realtime Worlds, Bankruptcy in United Kingdom, factsheet number 71461, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71461.