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.