Activision to close Bizarre Creations
Looks like selling to Activision wasn't the brightest move of Bizarre Creations. Activision has given employees there 90 days notice, and will shut down the studio at that time should no company be interested in buying the developer. More info here: http://www.shacknews.com/onearticle.x/66490
I really hope developers learn from this and the Infinity Ward debacle: you don't sell out to Activision. They hate you and will cut you loose the instant you fail to make them sacks of loot, regardless of whether the problem was their marketing or your game. Blur was excellent, but it was poorly timed and poorly marketed.
Here's hoping that Microsoft realizes that they could do with a PGR5 and buys the studio, or maybe that THQ swoops in and acquires a top-tier racing studio as part of recent acquisition/restructuring binge.