|★ GAMES ★ EDITEURS ★ EA'S NEXUS IN TROUBLE|POPULAR COMPUTING WEEKLY) ★|
|EA's Nexus in trouble (Popular Computing Weekly)||Games Editeurs|
NEXUS, one of Electronic Arts' affiliate labels, has gone into liquidation.
Less than a year after Nexus came under the wing of the U.S. giant, financial troubles have forced its downfall.
Nexus director Paul Voysey put the problem down to the company's "historic indebtness".
"The company has not had sufficient money to fund a strong product line," he said.
According to John Forrest, director of European distribution for Electronic Arts: ‘They were very frank with us. They came and said they'd been looking through their books and were in financial difficulty.
"Their last game was Skull Diggery which was also sold in Germany and France." said Forrest. “Certain things needed redoing, though, such as the cover for France. They just did not get done.”
Forrest stressed that he was very saddened by what had happened to Nexus especially since he had faith in their creative capabilities. "They had some very good products coming along the line." he said. A spokesperson on behalf of Neville Eckley and Co., the liquidators, informed us, “There have been a number of inquiries about the products."
He refused to divulge who the interested parties were, saying only, “I cannot comment further until there has been a meeting with the creditors about the company's insolvence. This should take place on January 7th."
Such an occasion will be met with interest by Electronic Arts to see if it would still be involved in distributing the product. Forrest was undecided about what the role of Electronic Arts would be in the future; staling, "1 presume the liquidator will look on the products as assets and auction them off. Since there is no Nexus any more, we will not automatically distribute the products. We will have to wait and see who gets them.”