- Source: Atari Interactive
Atari Interactive, Inc. is an American subsidiary of Atari SA which is the current owner of the Atari brand name, which it licenses to its parent company. The company was originally founded by toy company Hasbro in 1995 as Hasbro Interactive, Inc., based in Beverly, Massachusetts; it was sold to Infogrames at the beginning of 2001 becoming Infogrames Interactive, Inc. before adopting its current name in 2003.
History
= As Hasbro Interactive
=Early history
Hasbro Interactive was formed late in 1995 to allow Hasbro to enter the video game market. Several Hasbro properties, such as Monopoly and Scrabble, had already been made into successful video games by licensees such as Virgin Interactive. With Hasbro's game experience, video games seemed like a natural extension of the company and a good opportunity for revenue growth. Hasbro Interactive's objective was to develop and publish games based on Hasbro properties.
In January 1997, the company announced they would publish games for the PlayStation.
Strong growth (1997–1999)
In 1997, revenues increased 145% going from US$35 million to $86 million. Hasbro Interactive was growing so fast that there was talk of reaching $1 billion in revenues by 2002. and began to engage in some other video game licensing, such as licensing Frogger from Konami. They sought to use Hasbro board game brands and Wizards of the Coast properties as leverage to increase revenues.
Hasbro Interactive embarked on both internal and external development, and acquired some smaller video game developers and publishers along the way. On February 23, 1998, JTS sold the Atari brand name and intellectual properties of Atari Corporation to HIAC XI, Corp., a wholly owned subsidiary created in Delaware for the purpose of the purchase. Hasbro Interactive then renamed HIAC XI, Corp. as Atari Interactive, Inc. in May 1998 and would use the Atari brand name to publish retro-themed remake titles. On the 21st of that month, Hasbro announced that a remake of Centipede would be released for the PC and PlayStation. Throughout 1999 and 2000, games like The Next Tetris, Missile Command, Pong: The Next Level, Q*Bert, Glover, Nerf Arena Blast and Breakout would be released under the Atari branding.
On August 4, 1998, the company acquired the rights for 300 games when they purchased Avalon Hill for $6 million, and followed this up on August 14 by purchasing MicroProse for $70 million. With those acquisitions Hasbro Interactive revenues increased 127% in 1998 to $196 million and profits of $23 million. In July 1999, the company purchased UK-based educational software publisher Europress.
In 1998, Hasbro signed an agreement with Majesco Sales, whereas Majesco would publish/distribute games under a licensing agreement for various Nintendo consoles, notably the Game Boy Color. Majesco and Hasbro also worked on the Sega Dreamcast adaptation of Q*bert.
In April 1999, the company secured a licensing deal with Namco to develop and publish titles based on over 11 Namco franchises.
Losses and dot-com bubble burst (1999–2000)
Hasbro Interactive became the number 3 video game publisher within three years of its founding. But in 1999, Hasbro Interactive lost $74 million on revenues of $237 million a growth of just 20% over the previous year. Late in 1999 with several game projects underway and dozens of new employees, many of whom moved just to work for the company, Hasbro Interactive shut down several studios in a cost-cutting move. The studios affected included the former MicroProse offices located in Alameda, California, and Chapel Hill, North Carolina. A game development company, Vicious Cycle Software, was started by employees laid off in the North Carolina Hasbro Interactive studio closing. In 4 years, Hasbro Interactive's revenue increased 577%.
By the middle of 2000, the dot-com bubble had burst, Hasbro share price had lost 70% of its value in just over a year and Hasbro would post a net loss for the first time in two decades.
Sale to Infogrames (2000–2001)
Faced with these difficulties, on December 6, 2000, Hasbro announced they would completely sell off their Hasbro Interactive division to French software company Infogrames. The sale included nearly all of their video game related rights and properties, the Atari brand and Hasbro's Games.com division, developer MicroProse and all of its software titles up to that point except for the Avalon Hill property. Hasbro Interactive's sale price was $100 million, $95 million as 4.5 million common shares of Infogrames and $5 million in cash. Under the terms of the sale agreement, Infogrames gained the rights to develop games based on Hasbro properties for a period of 15 years plus an option for an additional 5 years based on performance. The deal was completed on January 29, 2001. Majesco had ended its relationship with Hasbro once Infogrames took over the gaming company.
= Infogrames Interactive/Atari Interactive
=Following the purchase, Infogrames renamed Hasbro Interactive, Inc. as Infogrames Interactive, Inc., and rebranded many of its subsidiaries under the Infogrames brand. Distribution of the company's products was taken over by their North American and European branches. Newer games based on franchises and licensed IP that had previously been released through Hasbro Interactive would feature the company's new name as the copyright holder. In October 2001, Infogrames Interactive, Inc. licensed out the Atari brand to Infogrames' North American and European operations, which would allow them to publish new games under the brand. In May 2003, following the success of this initial run of Atari branded products, Infogrames Entertainment SA announced that it would rebrand all its subsidiaries under the Atari banner. To prepare for this change, the existing Atari Interactive, Inc. subsidiary was merged with Infogrames Interactive, Inc. and gained the Atari Interactive, Inc. name, being a wholly owned subsidiary of Infogrames Entertainment, SA (IESA). while the Infogrames, Inc. subsidiary licensed the Atari name and logo from Atari Interactive and changed its name to Atari, Inc. using it to develop, publish and distribute games for all major video game consoles and personal computers under the Atari brand. Infogrames would still maintain ownership of the original Atari properties received through Hasbro which are kept in their Hasbro Interactive originated placeholder, Atari Interactive, Inc.
Following major money losses throughout Infogrames Entertainment SA, the company began to sell most of its operations to pay off its debt. On June 9, 2005, the company reevaluated its licensing agreement with Hasbro by selling back its fifteen-year video game licensing agreement for $65 million. Hasbro re-acquired the rights to produce video games based on the Transformers, My Little Pony, Tonka, Connect Four, Candy Land and Playskool IPs, alongside Wizards of the Coast IP Magic: The Gathering; while securing Atari a seven-year year license for titles based on the Hasbro board game portfolio, consisting of Monopoly, Scrabble, Game of Life, Battleship, Clue, Yahtzee, Simon, Risk and Boggle. Atari's exclusive video game license for Dungeons & Dragons was extended for another ten years, allowing Atari to continue publishing titles based on the franchise.
With continued money problems, in July 2007 Atari announced they had sold back the remainder of their Hasbro agreement back to them for $19 million. The following month, Hasbro announced they had entered into a new multi-year casual publishing deal with Electronic Arts. However, Atari retained its Dungeons & Dragons license and also announced to publish a video game based on Jenga under the franchise owners Pokonobe Associates.
On January 21, 2013, Atari, Inc. and Atari Interactive, Inc. filed petitions for relief under Chapter 11, Title 11, United States Code in the United States Bankruptcy Court for the Southern District of New York. All three Ataris emerged from bankruptcy one year later.
Subsidiaries
Hasbro Interactive published and distributed its own titles in the United States, Canada, United Kingdom, Germany and Australia. Outside these markets, distribution was handled by various third parties including Ubi Soft in France, Leader S.p.A. in Italy, CD Projekt in Poland and Brasoft in Brazil.
= Former
=Published games
Under the Hasbro Interactive name, the company published over 160 games on several interactive media. Included among them are:
Action Man: Operation Extreme – PlayStation
Axis & Allies – Windows
B-17 Flying Fortress: The Mighty 8th – Windows
Battleship: The Classic Naval Warfare Game – Windows
Beast Wars: Transformers – PlayStation, Windows, Macintosh
Boggle – Windows
CatDog: Quest for the Golden Hydrant – Windows
Centipede – Windows
Civilization II: Test of Time – Windows
Clue – Windows
Daytona USA 2001 – Dreamcast
Falcon 4.0 – Windows
Frogger (1997) – Windows, PlayStation
Frogger 2: Swampy's Revenge – Windows, PlayStation, Dreamcast
Galaga: Destination Earth – Windows, PlayStation, Game Boy Color
Game of Life – Windows
Glover – Nintendo 64, PlayStation
Grand Prix 3 – Windows
Gunship! – Windows
H.E.D.Z. – Windows
Majesty: The Fantasy Kingdom Sim – Windows
MechWarrior 3 – Windows
Jeopardy! – PlayStation, Windows
Monopoly (1995) – Windows
Monopoly (1997) – PlayStation
Monopoly Star Wars – Windows
Monopoly (1999) – Nintendo 64
Monopoly (1999) – Windows
NASCAR Heat — Windows, PlayStation Game Boy Color
NASCAR Racers – Windows, Game Boy Color
Nerf Arena Blast – Windows
Nerf Jr. Foam Blaster: Attack of the Kleptons! – Windows
Nicktoons Racing – Windows, PlayStation, Game Boy Color
Nickelodeon Party Blast – Windows, Xbox, GameCube
Pac-Man: Adventures in Time – Windows
Pong: The Next Level – Windows, PlayStation
Q*bert – Windows, PlayStation, Dreamcast, Game Boy Color
Risk – Windows
Risk II – Windows
RollerCoaster Tycoon – Windows
Rubik's Games – Windows
Scrabble – Windows (MacScrabble — Macintosh)
Sorry! – Windows
Spirit of Speed 1937 – Windows
Star Trek: Birth of the Federation – Windows
Trivial Pursuit Millennium – Windows
Wheel of Fortune – PlayStation, Windows
Worms Armageddon – Windows, Dreamcast, PlayStation
X-COM: Enforcer – Windows
Yahtzee – Windows
References
External links
Official website
Hasbro Interactive History Archived July 19, 2020, at the Wayback Machine at MobyGames
Hasbro Interactive Archived May 29, 2005, at the Wayback Machine by William Achtmeyer from Tuck School of Business (PDF)
Kata Kunci Pencarian:
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