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Castaway sends out SOS

While sales figures show the US gaming industry has weathered recent economic uncertainty well, analysts have warned that no industry can be considered truly recession-proof. Evidence of that can be seen in the fates of Perpetual Entertainment, Iron Lore Entertainment, and Stormfront Studios, all of which have closed up shop or suspended operations since the beginning of the year.

Another name can be added to that list of developer casualties, as Castaway Entertainment president Michael Scandizzo told GameSpot today that his studio was suspending operations due to financial troubles.

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gamespot.com
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