The Sydney-based developer and recent creator of L.A. Noire, has now entered an administration stage, in what could potentially mean the end of the troubled developer.
This sad revelation comes about after the studio suffered turmoil following the release of critically and commercially successful L.A. Noire.
Supposedly Rockstar was displeased with the games development, and was not keen on the publishing rights for the next title from the Aussie studio. As well as this there have reportedly been several complaints from former employees who had not been correctly named during L.A. Noire’s credit sequence.
This comes on top of current staff voicing out about the company’s supposed lack of organisation and coordination led to the now sad ‘administration’.
According to SmartCompany – the first to spot the news – some interesting documents have been filed with the Australian Securities and Investments Commission, indicating that Team Bondi has gone into an external administration as of August 30.
This bad news for the company comes after the selling of all non-L.A. Noire assets from Team Bondi to the filmaker George Miller’s studio KMM.
A source close to the company told IGN that the company has now had its next game fall into develepment limbo. After this, they said that the team has now been absorbed into KMM and Dr D Studio divisions and that they are helping with the forthcoming title Happy Feet Two.