Tag Archives: infogrames

$11.9m loss for Atari in Q1

Atari has finally filed its report for its first quarter, which shows the company suffered a net loss of $11.9 million in the period. Losses grew by $4.6 million from the same period a year earlier, whilst net revenue for the quarter, which encompassed the three months to June 30th, …

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Atari borrows $10 million

US publisher Atari has entered into a $10 million credit agreement with Infogrames shareholder Bluebay Asset Management, but has added that the loan alone will not be enough to meet its demand throughout the busy Q4 period. "This revised credit facility is a major step in addressing Atari’s liquidity needs …

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Investors question Atari reshuffle

Following the recent announcement that parent company Infogrames has appointed a number of new faces to the Atari board, a group of Atari investors has questioned the move. Next-Gen reports that Coghill Capital Management is unhappy with recent decisions, stating: These actions were taken without cause, without notice and without …

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Investors question Atari reshuffle

Following the recent announcement that parent company Infogrames has appointed a number of new faces to the Atari board, a group of Atari investors has questioned the move. Next-Gen reports that Coghill Capital Management is unhappy with recent decisions, stating: These actions were taken without cause, without notice and without …

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Infogrames restructures Atari board

Following its recent assertions that it has plans in place to ensure US publisher Atari returns to profitability, owning company Infrogrames has announced a number of new appointments to the Atari board, according to Gamesindustry . Curtis Solsvig III, managing director of AlixPartners, has been appointed as the new chief …

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Infogrames restructures Atari board

Following its recent assertions that it has plans in place to ensure US publisher Atari returns to profitability, owning company Infrogrames has announced a number of new appointments to the Atari board, according to Gamesindustry . Curtis Solsvig III, managing director of AlixPartners, has been appointed as the new chief …

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Atari board members under threat

Following last week’s announcement that Atari-owning Infogrames is working on a plan to restore profitability to the publisher, Next-Gen reports that a number of board members may be facing the sack. A report from Thompson Financial claims that the five Atari directors will face the chop, with only three staying …

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Atari board members under threat

Following last week’s announcement that Atari-owning Infogrames is working on a plan to restore profitability to the publisher, Next-Gen reports that a number of board members may be facing the sack. A report from Thompson Financial claims that the five Atari directors will face the chop, with only three staying …

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Investor pledges to turnaround Infogrames

Though it has insisted that it doesn’t intend to gain control” of the Atari owning French publisher Infogrames, investment firm BlueBay Value Recovery Fund has grown its stake of the company to 22.5 per cent. As well as its increased ownership, which includes 288,627,392 shares, the firm has also upped …

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