Game Developer Majesco in Trouble (Geek.com/IGN)

Majesco still struggles to stay afloat amid its current financial battles, and even more game titles are being cut in the process. During a recent earnings conference call, Majesco announced that it is canceling two more projects: Taxi Driver, a game based on the classic Martin Scorsese film, and another Xbox 360 title called Demonik.

This is just another series of game cuts that Majesco is hoping will help it to stay financially viable. Late last year two other titles that were in development for the PSP were also canceled. One of the games to receive the axe then was the popular vampire vixen game BloodRayne, and the other was the PSP port of the Majesco game Advent Rising.

Majesco's troubles started last year when its titles PsychoNauts and Advent Rising were received by the consuming public with lackluster results. Since then the company has had to reduce its staff by 20% and has canceled or sold several projects that were in development.

Source: Geek.com / IGN

posted on Monday, January 23, 2006 11:17 PM by Auri

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