Paradigm closing doors
mod
just heard it through the grapevine.
Anyone here affected by it?
I wish the best of luck to those losing their job.
As always, I'm sure there are plenty of us that can point your guys in the way of jobs. Just contact us.
Anyone here affected by it?
I wish the best of luck to those losing their job.
As always, I'm sure there are plenty of us that can point your guys in the way of jobs. Just contact us.
Replies
Spark
-Kenny
Sounds like THQ is cleaning house a bit.
I hope Vigil and Relic aren't on the list.
B
Really hope all the talent let go lands new jobs quickly and smoothly!
http://kotaku.com/5075080/thq-shuttering-four-to-five-studios-including-paradigm-juice
B
We're looking at Blue Fang, for an Env Artist and for a Sr Animator. Send a PM if interested.
Good luck to all.
Sorry to hear about this if anyone is affected. I liked Paradigm a lot. Their work on Pilotwings64 put them in my books forever.
What's your source on this? It's been more like A dozen total (if that) and was definitely not "10 or so" last week.
/shrug
Yep.
Is it economy? Bad season? or what? Are there this many studios closing around the US, or just Dallas? I have a hard time keeping up with current affairs?
Good luck to those that need it.
A lot of the studios being shut down are owned by publishers, and they're cleaning house and consolidating the studios they own. With the current budgets of these games now days, you can't afford to have studios that don't produce quality titles anymore.
It feels good to be independent and privately owned.
I've also heard that a shakeup tends to happen a year or two after every new console cycle. Some companies figure out how to be profitable right off the bat, some take some reconfiguring, and others end up going under.
But like you said, its a scary time to be owned by a publisher. It's sad when publishers saw their own legs off trying to win a race. And yea I'm VERY glad we are also our own publisher and privately owned. Not only for stability but also because more cash flows in from sales.
I mean with all the consolidation it was bound to happen sooner than later. I mean publishers were dropping hundreds of millions to own a studio and then had to wait 2-3 years in hopes that they'd make a hit that would return maybe a fraction of that initial investment if they were lucky. In some cases, it'd take 10+ years of delivering hit after hit for a publisher to make back their money on a studio buyout. How can these publishers keep up the massive overhead of these 60-200+ companies?! I still don't get why a publisher is so hard up to buy a studio. In most cases, they already own the IP, and make a considerable share on the sales of the titles. By buying up the studio they now have to cover all the benefits, legal crap with employees, hiring and overhead that happens once the title is shipped.
If publishers back off from acquiring studios they could return to working with more independent studios. I could see this being a pretty exciting time for those of us that like the start up vibe.
B
So yea, you definitely must be right, I imagine other large publishers are starting to get into the same headspace.
Will more independently owned companies be created?
I understand it takes money to create games, pay employees, and whatnot, but between all of these people laid off in Dallas, why not start another company? I know there is someone out there with money and a building?
Just typing out loud...
rinse/repeat
B