Report Comment to a Moderator Our Moderators review all comments for abusive and offensive language, and ensure comments are from Verified Users only.
Please report a comment only if you feel it requires our urgent attention.
I understand, report it. Cancel

Bushnell: Atari abused by shareholders

By Rachel Weber

Bushnell: Atari abused by shareholders

Wed 03 Jul 2013 10:03am GMT / 6:03am EDT / 3:03am PDT

"It was just a case of them paying themselves large salaries and nursing the brand"


Atari group is a global creator, producer and publisher of interactive entertainment for interactive...

Outspoken Atari founder Nolan Bushnell has accused the company's shareholders of milking the brand for financial gain, and ignoring the content side of the business.

"Atari has been really abused by a succession of shareholders who were really just interested in the royalty streams associated with the IP, but not really interested in the game business," he told VG247. He added those shareholders had lost sight of making innovative or interesting content.

"It was just a case of them paying themselves large salaries and nursing the brand. I mean the brand took in $10 million in royalties every year just from t-shirts and sheets and peripherals and stuff like that, because the logo was strong. That didn't mean the company had anything, it was just historical with no attempt to bring it into today."

He later compared the company to the goose that laid the golden egg.

Bushnell founded Atari Inc in 1972 with Ted Dabney. Since then it has gone through a number of different forms, most recently becoming Atari Interactive, a subsidiary of French publisher Atari.

The company is currently seeking $22.2 million for its assets through a bankruptcy auction after filing for Chapter 11in January.

From Recommendations by Taboola

1 Comment

John Pickford Owner, Zee 3

55 183 3.3
It's just a name. The company hasn't gone through a number of different forms. Several different companies have bought the name.

Posted:3 years ago


Login or register to post

Take part in the GamesIndustry community

Register now