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24/08/2012

Sony Closes Liverpool Games Studio

The loss-making Japanese electronics company Sony Entertainment is closing one of the UK's oldest video game studios after a review of operations.
It comes as the company plans to reduce its workforce by 10,000 by March 2013.
Sony Liverpool dated back to 1984 when it was known as Psygnosis, but it was bought by Sony in 1993.
The studio published games including Barbarian, Lemmings and Shadow of the Beast for the Amiga and Atari ST, and the Wipeout racing series for Playstation.
About 100 people will lose their jobs and the studio will be remembered in the Merseyside city as an aspirational place to work.
A statement released by the company to the games site Kotaku said: "We do regular reviews to ensure that the resources we have can create and produce high quality, innovative and commercially viable projects in an increasingly competitive market place.
"It has been decided that Liverpool Studio should be closed. Liverpool Studio has been an important part of Sony Computer Entertainment Worldwide Studios since the outset of PlayStation, and has contributed greatly to PlayStation over the years. Everyone connected with Liverpool Studio, past and present, can be very proud of their achievements.
"However, it was felt that by focusing our investment plans on other studios that are currently working on exciting new projects, we would be in a stronger position to offer the best possible content for our consumers."
(NE)
VMI.TV Ltd

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