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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[Black Prophecy developer Reakktor Media on its last legs]]></title><link>http://massively.joystiq.com/2012/02/29/black-prophecy-developer-reakktor-media-on-its-last-legs/</link><guid isPermaLink="true">http://massively.joystiq.com/2012/02/29/black-prophecy-developer-reakktor-media-on-its-last-legs/</guid><comments>http://massively.joystiq.com/2012/02/29/black-prophecy-developer-reakktor-media-on-its-last-legs/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://massively.joystiq.com/category/culture/" rel="tag">Culture</a>, <a href="http://massively.joystiq.com/category/economy/" rel="tag">Economy</a>, <a href="http://massively.joystiq.com/category/mmo-industry/" rel="tag">MMO industry</a>, <a href="http://massively.joystiq.com/category/news-items/" rel="tag">News items</a>, <a href="http://massively.joystiq.com/category/misc/" rel="tag">Miscellaneous</a></p><div style="text-align: center; ">
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	The future is looking a bit hazy for <em><a href="http://www.massively.com/category/black-prophecy">Black Prophecy</a></em> developer <a href="http://www.massively.com/tag/reakktor-media">Reakktor Media</a>, as reports indicate that the studio "has begun the insolvency process" and is scrambling for work in order to keep itself afloat. Speaking to GamesIndustry.biz, Reakktor Media's managing director <a href="http://www.massively.com/tag/kirk-lenke">Kirk Lenke</a> stated that "[the studio is] in a position to accomplish basically anything [that] is played right now, even if we were focused in the recent times on multiplayer mobile gaming," which may indicate an interest in developing games outside of the MMO genre.<br />
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	Lenke also notes that the studio currently has a <em><a href="http://massively.joystiq.com/tag/Diablo/">Diablo</a></em>-esque sci-fi title in the early development stages. At any rate, we wish the best of luck to the folks at Reakktor Media. Even if things are looking pretty grim, here's to hoping that there's a silver lining in store for the studio.</div><p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://massively.joystiq.com"><img src="http://massively.joystiq.com/media/feedlogo.gif" alt="Massively" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://massively.joystiq.com/2012/02/29/black-prophecy-developer-reakktor-media-on-its-last-legs/">Black Prophecy developer Reakktor Media on its last legs</a> originally appeared on <a href="http://massively.joystiq.com">Massively</a> on Wed, 29 Feb 2012 13:00:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://massively.joystiq.com/2012/02/29/black-prophecy-developer-reakktor-media-on-its-last-legs/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://massively.joystiq.com/forward/20182817/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://massively.joystiq.com/2012/02/29/black-prophecy-developer-reakktor-media-on-its-last-legs/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>black-prophecy</category><category>economy</category><category>finances</category><category>financial</category><category>industry</category><category>insolvency</category><category>insolvency-process</category><category>kirk-lenke</category><category>mmo-industry</category><category>neocron</category><category>reakktor</category><category>reakktor-media</category><dc:creator><![CDATA[Matt Daniel]]></dc:creator><pubDate>Wed, 29 Feb 2012 13:00:00 EST</pubDate></item><item><title><![CDATA[Reakktor Media financial woes resolved, full speed ahead for Black Prophecy]]></title><link>http://massively.joystiq.com/2009/11/06/reakktor-media-financial-woes-resolved-full-speed-ahead-for-bla/</link><guid isPermaLink="true">http://massively.joystiq.com/2009/11/06/reakktor-media-financial-woes-resolved-full-speed-ahead-for-bla/</guid><comments>http://massively.joystiq.com/2009/11/06/reakktor-media-financial-woes-resolved-full-speed-ahead-for-bla/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://massively.joystiq.com/category/sci-fi/" rel="tag">Sci-fi</a>, <a href="http://massively.joystiq.com/category/mmo-industry/" rel="tag">MMO industry</a>, <a href="http://massively.joystiq.com/category/legal/" rel="tag">Legal</a>, <a href="http://massively.joystiq.com/category/black-prophecy/" rel="tag">Black Prophecy</a></p><a href="http://massively.joystiq.com/category/black-prophecy"><img vspace="4" hspace="4" border="1" align="middle" src="http://www.blogcdn.com/massively.joystiq.com/media/2009/11/blackprophecyfullspeedahead580.jpg" alt="" /></a><br />
Those following the news surrounding development of sci-fi MMO <a href="http://www.blackprophecy.com"><em>Black Prophecy</em></a> from <a href="http://massively.joystiq.com/tag/reakktor-media">Reakktor Media</a> know there's been a significant hurdle to this title seeing the light of day -- the issue of insolvency. When parent company 10Tacle filed for insolvency, this adversely impacted subsidiary <a href="http://www.reakktor.com">Reakktor Media</a> and threatened continued development of <a href="http://massively.joystiq.com/category/black-prophecy"><em>Black Prophecy</em></a>, which Reakktor <a href="http://massively.joystiq.com/2009/04/24/massively-speaks-with-black-prophecy-development-director-simon/">addressed in an interview with Massively</a> in April. <br />
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It was announced today that their restructuring plan has been successful, and that their insolvency plan saved the jobs of all 36 employees at the company. Even better, <em>Black Prophecy</em> is on track for a release next year, according to the press statement released by the <a href="http://www.hermann-law.com">HERMANN</a> law firm which oversaw the insolvency proceedings.<p><a href="http://massively.joystiq.com/2009/11/06/reakktor-media-financial-woes-resolved-full-speed-ahead-for-bla/" rel="bookmark">Continue reading <em>Reakktor Media financial woes resolved, full speed ahead for Black Prophecy</em></a></p><p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://massively.joystiq.com"><img src="http://massively.joystiq.com/media/feedlogo.gif" alt="Massively" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://massively.joystiq.com/2009/11/06/reakktor-media-financial-woes-resolved-full-speed-ahead-for-bla/">Reakktor Media financial woes resolved, full speed ahead for Black Prophecy</a> originally appeared on <a href="http://massively.joystiq.com">Massively</a> on Fri, 06 Nov 2009 15:00:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://massively.joystiq.com/2009/11/06/reakktor-media-financial-woes-resolved-full-speed-ahead-for-bla/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://massively.joystiq.com/forward/19226426/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://massively.joystiq.com/2009/11/06/reakktor-media-financial-woes-resolved-full-speed-ahead-for-bla/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>10Tacle</category><category>10Tacle-studios</category><category>black-prophecy</category><category>breaking</category><category>hermann</category><category>insolvency</category><category>kirk-lenke</category><category>legal</category><category>mmo-industry</category><category>new-titles</category><category>reakktor</category><category>reakktor-media</category><category>sci-fi</category><dc:creator><![CDATA[James Egan]]></dc:creator><pubDate>Fri, 06 Nov 2009 15:00:00 EST</pubDate></item></channel></rss>
