Bad Economy Hits Video Game Industry

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The video game industry isn’t except from a bad economy. Unfortunately, Lighthouse Interactive, a game publisher that publishes titles mostly outside of the U.S. has been declared bankrupt and FileFront.com has shut down.

From the Lighthouse Website:

"Dutch/Canadian videogame publisher, Lighthouse Interactive has officially been declared bankrupt. A spokesperson pointed out that due to the demise of its parent  company Silverbirch Incorporated and the bankruptcy of its largest debtor Pinnacle Entertainment, Lighthouse was unable to carry on.

Lighthouse Interactive was sold to SilverBirch Inc in 2008 and was a wholly owned subsidiary. The company was best known for publishing many critically acclaimed PC titles including Ship Simulator, Sword of the Stars and Overclocked.

The Lighthouse personnel would like to thank all business partners, press and its customers for their support over the past years."

FileFront.com Farewell:

"We regret to inform you that due to the current economic conditions we are forced to indefinitely suspend the FileFront site operations on March 30, 2009. If you have uploaded files, images or posted blogs, or if you would like to download some of your favorite files, please take this opportunity to download them before March 30th when the site will be suspended.

We would like to give a warm thank you to all of you who have been part of the FileFront communities we have built together. Your support has had a meaningful impact for all of us here at FileFront. Again, we want to give you a sincere “thank you” for your support over the years and wish you all the very best.

Keep gaming alive,

FileFront Management and Team."

It’s sad to see this turn of events and regrettably, it probably won’t end here.

 

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