Bizarre Creations Buyout Talks Fall Through, Activision Recommends Closure
by January 19, 2011 @ 1:57 pm

Negotiations with potential buyers for Project Gotham Racing developer Bizarre Creations have fell through, with Activision now issuing a recommendation to close the studio, according to a Develop report.
Activision Worldwide Studios’ chief operating officer Coddy Johnson was keen to note that the decision is a last resort move, which “comes after a few months of exhausted examination of a number of different options across the board.”
“We of course care about this team. We’re offering the studio as many resources as possible, including counselling, external placement services and external career fairs,” he added.
Activision’s decision to axe the studio, which it purchased in 2007, was prompted by the dismal performance of racing title Blur.
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