Interplay Announces First Quarter 2004 Earnings And Future Direction is the latest on the sorry state of publisher Interplay, which posted a loss on revenues of only $8.4 million during its last financial quarter. The publisher also has little cash left, in fact it might not even make it through the current quarter (thanks HLF). So what will get Interplay back on track? Massively multiplayer games of course!

Commenting on the announcement, Mr. Caen said, "Based on a detailed review of where our industry stands and the level of interest in the gaming community in taking some of our premier properties online, we are now pursuing several options to fund our entry into Massively Multiplayer Online Gaming with titles including Fallout. Initial feedback from our investment bank and ongoing dialogue with others in the gaming sector appear to confirm that the combination of our valuable and popular intellectual properties with the rapidly growing online gaming community is the best way to maximize Interplay shareholder value."