Team Bondi assets sold off
Studio still silent on what's actually going on
Official news on what exactly is going on at Team Bondi is very scarce however a source has come forward to shed some light on the rumours that the studio is in severe financial difficulties.
The anonymous source indicated that staff have been offered two options, either join production company Kenneth Miller Mitchell or accept a severance package. The source also indicated that the LA Noire studio's assets and IPs have been sold off.
What has actually happened is unclear. It could be that Team Bondi has been bought outright by KMM or they have gone bankrupt and have sold off assets and transferred staff over to KMM.
No legal documents arising from a sale or bankruptcy filings have emerged as yet and due to the Australian system they may not appear for up to 28 days. Team Bondi has declined to make an official comment.
Thanks Develop Online.
