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Rumor – Team Bondi “bankrupt”, staff being scooped up by KMM

Friday, 5th August 2011 18:12 GMT By Stephany Nunneley

According to a post over on NeoGAF, Team Bondi are bankrupt, and studio head Brendan McNamara along with current staff members will be folded into KMM. This new rumor comes on the heals of yesterday’s report that Mcnamara was spotted walking about the KMM studios, and that a deal was in the works for it to purchase the embattled Australian development house. The GAF post also states that Depth Analysis, the company which owns the facial tech used in L.A. Noire, are also in a spot of financial trouble, after making “little to no money,” off the game. We’ll have Brenna send a mail since she is Down Under.

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16 Comments

  1. GrimRita

    How can a studio make fuck all in money from a number #1 selling game? Something is seriously wrong with how publishers still treat developers. Smart developers should ditch the shit and move online and DD

    #1 3 years ago
  2. Fin

    @1

    Uh-uh, in this case, the publisher (Rockstar) saved the project. Pretty sure McNamara would’ve driven it into the ground without their help.

    Bondi poured so much money into the tech, it wouldn’t surprise me if they weren’t able to find a backer for their next project.

    #2 3 years ago
  3. Freek

    Two high technology companies, gone trough 7 years of development hell in order to release a single product? That was going to be difficult under the best of circumstances. But you add onto that the fact that the guy running those companies is a such an asshole that nobody wants to do any buisiness with him what so ever and you’re pretty much doomed.

    #3 3 years ago
  4. The_Red

    This is horrible. I feel bad for all talented people who worked in extended crunch periods only to have their names removed from the final credits but team behind LA Noire deserves better. It’s a great game from a great studio.
    Really sad news :(

    #4 3 years ago
  5. endgame

    hehe. this sounds fishy. I wonder what would IRS would find if they would investigate M. McNamara.

    #5 3 years ago
  6. UKTomm

    How can they be bankrupt after LA Noire?

    #6 3 years ago
  7. Erthazus

    I can’t say that LA Noire was a good game… Actually it was pretty mediocre with incredible technology.

    So i’m not surprised to see this.

    #7 3 years ago
  8. TD_Monstrous69

    If this is true, I feel bad for any of the potential staff that might be cut because of this (unless it’s McNamara, then I won’t feel as bad). My heart goes out to those folks. It’s so sad to hear about this studio potentially tanking, seeing as how LA Noire was such a great game, and I’m sure a lot of blood, sweat, and tears (emphasism on all 3, thanks IGN) was put into making that game. Though I have to wonder what could be the future of the tech used in LA Noire? Will it just be innovative tech to never see the light of day again? Or will someone buy up Depth Analysis to save it [looks across the room at RockStar Games]?

    #8 3 years ago
  9. freedoms_stain

    Crap, what does this do to the pc version of L.A. Noire?

    #9 3 years ago
  10. Prof.Dr.Moertel

    @9 probably (hopefully) nothing. Rockstar owns the IP and the PC port seems to be made at Rockstar Leeds. Considering this, I can´t think of a reason to not make the PC version

    #10 3 years ago
  11. Christopher Jack

    @7, Your opinion of how good it is, is completely irrelevant. It’s a large seller but won’t ultimately make up for it’s disturbingly long development time.

    #11 3 years ago
  12. NeoSquall

    @10 well, unless McNamara enters into Rockstar Leeds guns blazing.

    #12 3 years ago
  13. xino

    seriously wtf is going on?

    I thought LA Noire made a lot of selling? so how did they make little?

    also is this some sort of backfire?

    i mean did the Team Bondi staff made up all those claims just to sh* on Team Bondi?

    or is it the act of justice that the abuse the staffs at Team Bondi endured made a bad karma on Team Bondi’s business?

    these is just all messed up man

    #13 3 years ago
  14. Phoenixblight

    @13

    Its called Advance against royalties, which means Rockstar just pays them the cost of the development and the company doesn’t get royalties for the game. Rockstar most likely just paid for the development but not the cost of the software that Team Bondi invested in so all those years making that tech has now caught up to them.

    #14 3 years ago
  15. YoungZer0

    I would cheer, but i know the only guy who walks out of it unharmed is the douche who ruined it all.

    #15 3 years ago
  16. MegaGeek1

    Terrible news. I feel bad for this talented group of Devs. I wish them all the best.

    #16 3 years ago

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