caught in the grip of bankruptcy earlier this year, dutch publisher playlogic -- known for its obscure survival horror title and the poorly received fairytale fights -- has announced plans to ''''''restart'''''' its business under a ''''''newly formed'''''' company. confusingly, the new company has been named playlogic entertainment nv -- and, further confusing the matter, it's not associated with the u.s. listed company playlogic entertainment inc. ... okay!

nevertheless, the new playlogic ent. plans to rehire some of its former staff next year and will ''''''mainly focus on digital video game publishing for microsoft, nintendo and sony platforms worldwide.'''''' the company also plans to partner with a ''''''foreign subsidiary'''''' to gamble on ''''''games of chance'''''' for the online market and mobile devices, and is currently negotiating the acquisition of another company working in this market. sounds like a logical play, right?continue reading beleaguered playlogic relaunches company, focusing on digital releases

beleaguered playlogic relaunches company, focusing on digital releases originally appeared on joystiq on wed, 22 dec 2010 05:00:00 est. please see our terms for use of feeds.




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