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IP or studio sales won't help SCi finances, says analyst

Matt Martin of GamesIndustry.biz writes:

"SCi Entertainment isn't likely to improve its financial status by selling off any of its IP or internal studios to other publishers, according to leading industry analyst Michael Pachter.

The company is in the midst of a "root and branch" financial review following a failed attempt to sell to another media company, which resulted in three senior executives stepping down today.

Although SCi and publishing division Eidos has some of videogamings best-known intellectual properties such as Tomb Raider and Hitman, Pachter believes that other publishers would only be interested in buying if they came at rock bottom prices."

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