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News

  Report: Brash Entertainment To Close
by David Jenkins
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November 14, 2008
 
Report: Brash Entertainment To Close
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Movie-focused game publisher Brash Entertainment is to close completely, according to the latest reports from Hollywood trade paper Variety.

The news cites unnamed sources, but Variety has been following the progress of the company since its inception, and was the first to break the news that a number of executives exited the company – including co-founder Thomas Tull, chief creative officer Larry Shapiro and more than 20 other staff.

Brash was originally established with a $400 million financing deal, and claims to have gained the use of more than forty film licenses through partnerships with five major film studios. Its first three games have all performed poorly with critics – although Alvin and the Chipmunks did sell relatively well.

According to Variety, the departures have been enough to ensure that the entire company will be ceasing operations as of today. The report says investors have pulled out of the company, causing an insurmountable cash flow problem.

Brash has already announced a number of new titles including Six Flags, The Tale of Despereaux and Saw. Other unannounced titles are rumored to include 300, Where the Wild Things Are, Clash of the Titans and Night at the Museum 2.
 
   
 
Comments

Lo Pan
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My best to those losing their jobs - especially in this economy. Another poor business plan/model coupled with poor executive management.

Rob Lazenby
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Sad to see people lose jobs, but most viewed this as a failed plan from day 1. Upper management had little experience in actual game development, which was a huge problem. They also lacked expertise in basic management skills - all this according to both friends I had who go out earlier.


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