NEWS - Friday, June 4, 2004


Interplay CEO "We’re Still Here"

Earlier this week, rumors began to swirl that Interplay, the once-mighty publisher of the Fallout and Baldur’s Gate games, was closing down its Irvine, CA, headquarters. Numerous reports from sources around and inside the company said that employees had been advised to collect their personal items, either by the end of the day Tuesday or by the end of the week. Later, more detailed reports began to surface, many saying Interplay employees had gone without health insurance or paychecks for weeks. The Orange County Register echoed those allegations last week in an article about two former employees who sued the company after their paychecks bounced. As far as Interplay’s response to these allegations, the silence was deafening. E-mails to the company were bounced back. The voicemail systems at the publisher and the American offices of its French parent, Titus Interactive, worked off and on all week. When an actual person was reached at the Interplay offices, they would not confirm that they even worked there. Instead calls were passed along to the personal voice mailbox of CEO Herve Caen, who has been nowhere to be found throughout the week. That is, until now. Last night, GameSpot talked with the surprisingly affable Caen, who denied the end was nigh for Interplay. His proof? "You can see our stock is trading, so we’re still here." But when asked whether or not Interplay was facing eviction from its Irvine, CA offices and laying off staffers, Caen’s answers grew less direct. "I can’t comment one way or the other," he said. "I’m bound by disclosure rules because we’re a publicly traded company, so I can’t say anything outside of press releases or official SEC filings." When asked when the next official SEC filing would be, Herve said, "I can’t answer that--if I tell you, I’ll have to tell everyone." When asked why closure reports were coming from within Interplay, Caen demurred, saying "the Internet, it’s a wild place." He did, however, say there would be some sort of announcement in the near future. "We’re working on a lot of deals, a lot of solutions. You’ll hear from us soon." Meanwhile, chatter about the closure of Interplay’s Irvine offices grew louder. No Mutants Allowed, the Fallout fan site that acquired the first--and only--Fallout 3 screenshots and broke news of several high-profile departures from Interplay’s Black Isle Studios, said it has received reports from several staffers that Interplay’s offices were padlocked Thursday. Today, calls were answered only by Interplay’s voicemail system, which had been down all day Wednesday. More public verification of Interplay’s troubles came from Sean K. Reynolds, prolific fantasy author and former lead designer at Interplay. On the forums of his official Web site, Reynolds said Interplay hadn’t "been evicted yet" (emphasis in the original) as of Tuesday, June 1. That same day, Reynolds officially quit, saying "right now I’d rather be done with Interplay than sit around seeing if the upper management can salvage the situation." He said most employees expected the company’s demise to be in 2004, but not so soon. "We just thought it wouldn’t happen until August, rather than April." He also tacitly confirmed Interplay employees’ paycheck woes, saying "apparently you can file [for unemployment] if you quit because you aren’t getting paid." Reynolds also acted unsurprised when he was told of the alleged Thursday closure of Interplay’s offices. "Doh! Good thing I got all my stuff out already," he said.
Source: http://www.gamespot.com

Comments

Site Statistics

Registered Members: 48,704
Forum Posts: 725,917
Xbox One Titles: 2,792
Xbox 360 Titles: 1,086
Xbox 360 Kinect Titles: 95
Xbox 360 Arcade Titles: 586
Original Xbox Titles: 987
Staff Reviews: 2,028
Member Reviews: 10,339
News Articles: 15,624
Screenshots: 34,050
Xbox 360 Achievements: 45,112
Xbox 360 Faceplates: 2,016
Cheat Codes: 1,706

Latest News







Torchlight III Now Available

Torchlight III Now AvailableTorchlight III, the light-hearted and fast-paced dungeon crawler, has officially launched, bringing back signature mechanics that defined the series, like hack’n’slash combat and the beloved pet system.


See News Archives

Community Forum Activity

Xbox Series X or S
Post by Nato King
3 Replies, 914 Views

Spellbreak Grand Magus Pack (3) and Starter Pack (7) Giveaway!
Post by Variation-XBA
0 Replies, 782 Views

I pay $ 1000! I search the Element 54 Canadian launch Team signaturen Faceplate
Post by Smill
0 Replies, 5047 Views

Xbox one no signal
Post by debrartin
0 Replies, 26931 Views

do you remember?
Post by SnoochyBoochy
3 Replies, 26997 Views

i haz xbox
Post by SnoochyBoochy
0 Replies, 23067 Views

Claiming the first thread of 2020
Post by Kraft
6 Replies, 39356 Views

Important! I pay $ 1000! I search the Sweden launch and the Element 54 Faceplate
Post by Smill
3 Replies, 23074 Views

Squad Up
Post by samslophead
0 Replies, 49069 Views

TERA Skinned Xbox One X Giveaway!
Post by Variation-XBA
0 Replies, 52801 Views

Starfield Release expectations?
Post by DJ tx
4 Replies, 87918 Views

Issue with Xbox live on Xbox home
Post by rcmpayne
0 Replies, 60377 Views

Happy Birthday, Me.
Post by SnoochyBoochy
4 Replies, 74034 Views

Xbox Playdates Canada October, 2018 Play date info thread.
Post by Kiesey
2 Replies, 18837 Views

2 Giveaways! Bridge Constructor Portal AND Tempest 4000!
Post by Variation-XBA
0 Replies, 17495 Views

© 2000-2020 XboxAddict.com - All rights reserved. All trademarks are properties of their respective owners.
Xbox is a registered trademark of Microsoft. XboxAddict.com is not affiliated with Microsoft.

Made in Canada
Site Design by Cameron Graphics