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Old 10-23-2009, 06:38 AM   #1
redrumloa
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Default Cinemaware Assets sell for $150,000, after being written down to zero.
http://finance.yahoo.com/news/eGames....html?x=0&.v=1

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LANGHORNE, Pa., Oct. 21, 2009 (GLOBE NEWSWIRE) -- Casual games publisher and developer eGames, Inc. (Pink Sheets:EGAM - News) announced today that it has sold the intellectual property rights related to its Cinemaware assets to an undisclosed buyer for $150,000 cash. This sales transaction will be reflected in the Company's fiscal quarter ending December 31, 2009, and will favorably impact those financial results because the book value of the related assets had been written down to zero during the year ended June 30, 2009.
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Old 10-23-2009, 07:26 AM   #2
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Default Re: Cinemaware Assets sell for $150,000, after being written down to zero.
It makes you wonder who bought the property and why. At one time those games were some of the best for the Commodore 8-bits and Amigas. Maybe somebody plans to put some of the games on one of those hand-held game machines that plug in the front of your TV?

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Old 10-23-2009, 07:37 AM   #3
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Default Re: Cinemaware Assets sell for $150,000, after being written down to zero.
Perhaps it was the purchasers most ambitious project(tm)?
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Old 10-23-2009, 07:50 AM   #4
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Default Re: Cinemaware Assets sell for $150,000, after being written down to zero.
Probably bought up by one of the bigger game developers so that some of CinemaWare's more popular titles can be resurrected on a new platform. Man, how I loved those old titles....still do. I think resurrected versions on today's hardware (PC or AOS) with a 3D engine would be awesome. Whatever the platform, I'd probably buy them again just for sake of nostalgia.
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Old 10-23-2009, 09:18 AM   #5
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Default Re: Cinemaware Assets sell for $150,000, after being written down to zero.
Expect a "World of Warcraft" style re-release of "It Came From The Desert" soon.

Well, we can dream...
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Old 10-23-2009, 12:24 PM   #6
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Default Re: Cinemaware Assets sell for $150,000, after being written down to zero.
Well, there was Robin Hood: Defender of the Crown for PS2/Xbox (Actually quite good game considering it wanted to stay true to original gameplay). Also, Wings made it to the gameboy advance with extra mission types... I don't see the sports titles ever re-emerging... but Rocket Ranger and It Came from the Desert are two great games that could be modernized for sure....

Let's hope for the best! And don't forget you can play the original DOTC at http://www.cinemaware.com/
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