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Interplay is on the brink of bankruptcy, according to new financial documents.
As reported by Develop, the long-troubled publisher has told its investors that it has “substantial doubts over our ability to continue”. At the turn of the year the company’s balance had allegedly fallen to just $3000, with a working deficit of around $3 million.
The news places serious doubt over the future of the publisher’s current projects, which include a new Earthworm Jim game, a DSi ClayFighter title, and most importantly Fallout Online – an MMO being developed by MastHead Games.
Interplay is currently working without a chief financial officer and is no longer giving advance payments to its external developers. The company reported a net loss of $1 million last year.
I’m no financial expert, but it sounds to me like the company is floating down Excrement Creek without a paddle.
If Interplay does fold it’ll be sad to see the name finally die out, but the hard truth is that the publisher has been in a bad place for a long time now. In recent years Interplay’s most notable activity has been its much-publicised legal tussles with Bethesda, over the rights to a Fallout MMO.
This latest development suggests that Fallout Online is almost certainly a dodo – but I’m not sure many fans ever expected to see the game anyway.
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