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Update on Flagship Studios Situation

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Flagship Studios today denied recent stories that is has closed, saying that it is still in business - though it did have to lay off most of its employees.
In a statement, CEO Bill Roper had this to say,

"It is with deep regret that I must announce that Flagship Studios has laid off most employees. However, the core management and founding team members are still at Flagship. The past five years have been an incredible experience for us, but unfortunately, we couldn't sustain the size of the company any longer."

The company also notes that it still owns the rights to Hellgate: London and Mythos, something that is being disputed by Korean partner and investor HanbitSoft.
Because of its current situation, Flagship will no longer bill Hellgate: London players, nor will it take on any new subscribers for the game. No update was offered on the status of Mythos.

From The Chatty
  • reply
    July 15, 2008 6:31 PM

    Let me play the subscriber content, Bill. hehe

    • reply
      July 15, 2008 6:47 PM

      Maybe they'll sell it as a single player expansion.

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        July 15, 2008 8:25 PM

        I'd buy it.

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          July 15, 2008 8:43 PM

          The subscriber content I saw wasn't that good, and I can't recommend spending any money on it.

          I still hate to see people wishing failure on them. They fucked up their first game, it was pretty weak. They were used to having probably the best financial support of any developer on the planet, and weren't really ready to deal with the realities of being a no-name independent developer.

          Mythos was shaping up nicely. Hopefully they can hold off the creditors long enough to come out of this mess and make good.

          No matter what happens, it was a class act of the founders to cover all their employees out of pocket. Hopefully those who lost their jobs can find something in short order.

          • reply
            July 15, 2008 9:15 PM

            Yeah, it doesn't look good enough to subscribe to. Hehe.

      • reply
        July 16, 2008 2:24 AM

        What? Give it away for free via patch!

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