Movie-focused game publisher Brash Entertainment is to close completely, according to the latest reports
from Hollywood trade paper Variety.
The news cites unnamed sources, but Variety has been following the progress of the company since its inception, and was the first to break the news that a number of executives exited the company
- including co-founder Thomas Tull, chief creative officer Larry Shapiro and more than 20 other staff.
Brash was originally established with a $400 million financing deal, and claims to have gained the use of more than forty film licenses through partnerships with five major film studios. Its first three games have all performed poorly with critics - although Alvin and the Chipmunks
did sell relatively well.
According to Variety, the departures have been enough to ensure that the entire company will be ceasing operations as of today. The report says investors have pulled out of the company, causing an insurmountable cash flow problem.
Brash has already announced a number of new titles including Six Flags
, The Tale of Despereaux
. Other unannounced titles are rumored to include 300
, Where the Wild Things Are
, Clash of the Titans
and Night at the Museum 2