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Acclaim Entertainment, Inc.

Historical Events

    1987:

    • Acclaim Entertainment co-founded by Gregory Fischbach and Robert W. Holmes, Jr.
    • Acclaim acquires LJN from Matsushita and ran it as a separate publishing house, to avoid the strict rules Nintendo had limiting the number of unique games a company could produce each year.

    1995:

    Oct 10, 1995:

    Dec 04, 2002:

    • Acclaim Entertainment shuts the doors on its Salt Lake City Studio, announces layoffs throughout the company.

      Dow Jones reported that Acclaim Entertainment, Inc. said it closed its Salt Lake City development studio. According to Dow Jones, the closing is part of Acclaim's plan to consolidate its domestic internal product development into its primary development studio in Austin, Texas. Overall, the Company said it has lowered its headcount to about 600 employees from 708 employees as of August 31, representing a 15% reduction.

    Jun 02, 2003:

    • Gregory Fischbach resigns the CEO position that he held since the Company's inception in 1987. Fischbach will continue with the organization as Co-Chairman and member of its Board of Directors.
      Acclaim appoints Rodney Cousens as its new Chief Executive Officer

    Jun 23, 2003:

    • Acclaim announces their intention to stop developing for the GameCube (taken from GameSpydaily.com):

      "Acclaim Cuts in GameCube Support

      Publisher Acclaim said to limit support for the GameCube to games already in progress and older brands, ruling out new games in new franchises for the platform. 'We don't foresee launching any new brands on GameCube,' Acclaim spokesman Alan Lewis told news agency Reuters. Lewis said games already in progress for the GameCube would come out as planned, and the company would continue to consider new games for the console based on older properties."

    Dec 22, 2003:

    • Acclaim Entertainment, Inc. announces that it has entered into a global publishing agreement with Reno-based developer BattleBorne Entertainment, Inc.

    Aug 30, 2004:

    • Closes down - filed bankruptcy.
    Company history contributed by Corn Popper (69643), Paul Budd (333), Sciere (251158), Joe Ix (176), Josh Markiewicz (15) and Jeanne (75620)