Realtime Worlds enters administration
APB developer's future in doubt following the online game's commercial problems
Dundee-based APB developer Realtime Worlds has entered administration, GamesIndustry.biz can confirm, following the failure of the online title to draw in strong enough subscriber numbers.
The company is currently being advised by Begbies Traynor Group's Edinburgh office. It is understood that CEO Gary Dale is now at the Dundee head office following a trip to Colorado to speak to staff there.
The game, which was worked on by a very large team for several years, was met with mediocre reviews following a strained launch process that had games press initially embargoed from scoring the title until after it had launched.
But after that confusion was cleared up, gamers failed to take to the PC title, and a first round of lay-offs from the company was announced last week, while the developer's other project - MyWorld - was reportedly rejected by two publishers earlier in the year.
However, despite that action, sources hinted at further trouble, claiming that Dale had flown to Colorado to 'strip the staff' from that office.
A full statement from Begbie Traynor is expected later today.