PG:TimeGate Studios, the Sugar Land, Texas-based developer of Section 8 and co-developer of Aliens: Colonial Marines, filed a petition for Chapter 11 bankruptcy protection in Texas Southern Bankruptcy Court on Wednesday.
OXM UK: "It's heart-breaking when a development studio responsible for a game or series that you love closes down. Often, you'll remember them for the good times - the stand-out, stellar high points of their career - and not the decisions or titles that ultimately doomed them. Inevitably though, some studios come to be defined by their final release."
Gearbox may very well have been the primary developer of the game, and if that's the case, why is Timegate closing down today and not Gearbox?
Venturebeat.com: Publishers and developers are like soap-opera characters. One day they’re working together, then the next they’re plotting how to take each other down.
That’s how developer TimeGate, which produced the Xbox Live Arcade first-person shooter Section 8, ended up owing publisher SouthPeak Interactive $7.3 million in damages, as originally reported by Polygon. This comes after the latest court appeal in the long-running case went in favor of SouthPeak.
Awww, this is horrible. This is going to destroy them. Southpeak, this is not cool. You could of just told them to pay your lawyer fees and then just let them be. I know what company I will be boycotting in the future.
Both sides are idiots here. TimeGate isn't innocent, they are the ones that originally opened the lawsuit. Their publisher just said "yeah? Well take this" and won.
Honestly I'm normally on the developers side, but it was stupid to do that and greedy. Just say "we are done" and walk away, find someone else to publish. If they want the crappy Section 8 license, let them have it.
The law is always on the side of the guys with more money.
In this case, the publisher paid more so now the developers have to give up the franchise and go bankrupt. Justice isn't served.