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Brash Entertainment to officially close

Investors pull out of beleaguered publisher, according to reports

Brash Entertainment is to officially close this week.

According to a report by Variety, the investors willing to pump USD 400 million into the company last year have pulled out of the deal, leaving the publisher without cash.

Brash was to publish multiple titles based on movies, books and other licensed material, and had signed up developers such as Game Republic to create titles.

In May this year, president Nicholas Longano quit the company following poor sales of its initial output.

Last month two more senior execs followed Longano out of the door, and last week the publisher shed around 20 staff.

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Matt Martin avatar
Matt Martin: Matt Martin joined GamesIndustry in 2006 and was made editor of the site in 2008. With over ten years experience in journalism, he has written for multiple trade, consumer, contract and business-to-business publications in the games, retail and technology sectors.
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