Source 1up.com The CEO abruptly departed and the company found itself the target of a class action law suit from disgruntled investors who claimed they'd been lied to. And then came the news that Jaws was delayed. Then suddenly, Majesco announced that they were selling off The Darkness (to an undisclosed pubisher) and dumping the Ghost Rider license as well. Yesterday Majesco published its year-end financial report which showed a massive loss in the last quarter - a net revenue of $4.6 million for the period, just 10% of the same period's earnings in 2004. A statement released by Majesco quoted its president, Jesse Sutton, admitting frankly that "[t]his has been a difficult year for Majesco.... Recently, we evaluated our product portfolio and have sold or cancelled most of our premium console titles that were scheduled for release in 2006 and beyond.
I would have loved to play Taxi Driver, even though it looked horrible and doesn't make sense as a videogame. Majesco puts out some garbage but they do get quality games on the shelf. I would hate to see them go, it puts us one step closer to an EA tyrannical dictatorship.
