Playlogic Entertainment: Difference between revisions
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{{short description|Mobile gambling and video gaming company}} |
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{{more citations needed|date=August 2007}} |
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{{ |
{{Use dmy dates|date=March 2022}} |
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{{Use dmy dates|date=September 2020}} |
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{{Infobox company |
{{Infobox company |
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| name = Playlogic Entertainment, Inc |
| name = Playlogic Entertainment, Inc |
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| logo = [[ |
| logo = [[File:Playlogic Entertainment Logo.png]] |
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| type = [[Public company|Public]] |
| type = [[Public company|Public]] |
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| traded_as = {{OTC Pink|PLGC}} |
| traded_as = {{OTC Pink|PLGC}} |
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| foundation = 2002 |
| foundation = 2002 |
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| defunct = 2010 |
| defunct = 2010(bankrupt) |
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| location_city = Amsterdam |
| location_city = [[Amsterdam]] |
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| location_country = |
| location_country = Netherlands |
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| industry = [[Video game industry|Video games]] |
| industry = [[Video game industry|Video games]] |
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| products = [[Fairytale Fights]]<br />[[Xyanide]]<br />[[Xyanide: Resurrection]]<br />[[Worldshift]]<br />[[Age of Pirates: Caribbean Tales]]<br />[[Age of Pirates 2: City of Abandoned Ships]]<br />[[ObsCure II]]<br />[[Infernal (video game)|Infernal]]<br />[[Aggression]]<br />[[Aliens in the Attic#Video game|Aliens in the Attic]]<br />[[World Racing 2]]<br />[[Knights of the Temple II]]<br /> |
| products = [[Fairytale Fights]]<br />[[Xyanide]]<br />[[Xyanide: Resurrection]]<br />[[Worldshift]]<br />[[Age of Pirates: Caribbean Tales]]<br />[[Age of Pirates 2: City of Abandoned Ships]]<br />[[ObsCure II]]<br />[[Infernal (video game)|Infernal]]<br />[[Aggression]]<br />[[Aliens in the Attic#Video game|Aliens in the Attic]]<br />[[World Racing 2]]<br />[[Knights of the Temple II]]<br />Gene Troopers<br />Airborne Troops<br />Cyclone Circus<br />Pool Hall Pro<br />Vertigo<br />[[Red Bull BC One]]<br />[[Ancient Wars: Sparta]]<br />Stateshift<br />Building & Co<br />[[Alpha Black Zero]]<br />[[Dimensity]]<br />Sudoku Ball Detective<br />[[Dragon Hunters]]<br />[[Simon the Sorcerer 4]]<br />The Endless Days of Luckless John |
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| num_employees = 110, with 300 |
| num_employees = 110, with circa 300 external development staff (2010) |
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| homepage = |
| homepage = {{URL|playlogicgames.com}} |
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}} |
}} |
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{{Infobox company |
{{Infobox company |
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| name = Playlogic Entertainment N.V. |
| name = Playlogic Entertainment N.V. |
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| logo = [[ |
| logo = [[File:Playlogic Entertainment Logo.png]] |
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| foundation = 2010 |
| foundation = 2010 |
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| defunct = 2014 |
| defunct = 2014(bankrupt) |
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| location_city = Amsterdam |
| location_city = Amsterdam |
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| location_country = The Netherlands |
| location_country = The Netherlands |
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| industry = Mobile gambling and console publishing |
| industry = Mobile gambling and console publishing |
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| homepage = |
| homepage = {{URL|playlogicgames.com}} |
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}} |
}} |
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'''Playlogic Entertainment''' |
'''Playlogic Entertainment''' was a company active in mobile [[gambling]] and [[game console|console]] publishing, founded in 2002 by Rogier Smit.<ref>{{Cite web |last=robin |date=2010-08-04 |title=Dutch game maker Playlogic bankrupt after failed fairytale |url=https://www.dutchnews.nl/news/2010/08/dutch_game_maker_playlogic_ban/ |access-date=2023-04-04 |website=DutchNews.nl |language=en-GB}}</ref> |
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{{Advert section|date=November 2019}} |
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Formed in 2010, Playlogic Entertainment NV is a continuation of Playlogic International NV, which was established as a traditional console video game publisher. |
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After [[restructuring]], the company continued with the same management team and several key employees.{{citation needed | date=November 2019}} |
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The restructured company completed the acquisition of mobile gaming and gambling company WannaGaming International BV in 2011. WannaGaming was founded 4 years prior to the acquisition. WGM Ltd. on Malta, using brand name WannaGaming, has a long-term partnership with market leader Microgaming Ltd. for all mobile gaming and gambling products, [[banking]] services and 24/7 international [[help desk]] services. The company operates under a Maltese gambling license. WGM Ltd. on Malta is a 100% subsidiary of Playlogic Entertainment NV. Playlogic Entertainment NV continues to provide all required services to developers for release of their games on current game consoles. |
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===Restructuring=== |
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⚫ | '''Playlogic Entertainment, Inc'''. was listed on the '[[OTC Bulletin Board|OTCBB]]' in New York, (ticker symbol: PLGC) in June 2005 and completed all SEC required filings until Q1 2010. The company renamed their listing and stock from Playlogic Entertainment Inc. to Donar Ventures in April 2011.<ref>{{Cite web |title=playlogic8k_12212010.htm |url=https://www.sec.gov/Archives/edgar/data/1141590/000107997411000325/playlogic8k_4152011.htm |access-date=2023-04-04 |website=www.sec.gov}}</ref> |
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Together Playlogic represented a work force stronger than 110 who were responsible for Distributing, Selling, Licensing, PR & Marketing, publishing and Product Development. |
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In 2009, Playlogic Games were pleased to see the launch of the largely anticipated Fairytale Fights, which was developed in house by Playlogic Games Factory and published by Playlogic International NV. |
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⚫ | On July 28, 2010, the company filed at the US Securities and Exchange Commission, voluntarily entering into 'surseance van betaling', the Dutch equivalent of [[Chapter 11, Title 11, United States Code|Chapter 11]] bankruptcy, after a few years of struggling with major losses and new games failing to bring in revenue.<ref>{{cite news |date=27 July 2010 |title=Nederlandse gameontwikkelaar Playlogic stevent af op faillissement |publisher=Tweakers.net |url=http://tweakers.net/nieuws/68796/nederlandse-gameontwikkelaar-playlogic-stevent-af-op-faillissement.html}}</ref><ref>{{cite news | title = Playlogic files for bankruptcy | publisher = gamsindustry.biz | date = 28 July 2010 | url = http://www.gamesindustry.biz/articles/playlogic-files-for-bankruptcy}}</ref> |
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On August 4, 2010, the court officially declared Playlogic bankrupt.<ref>{{Cite web |last=robin |date=2010-08-04 |title=Dutch game maker Playlogic bankrupt after failed fairytale |url=https://www.dutchnews.nl/news/2010/08/dutch_game_maker_playlogic_ban/ |access-date=2023-04-04 |website=DutchNews.nl |language=en-GB}}</ref> Later that year, Playlogic Entertainment NV relaunched with some of the original staff, taking a focus on publishing already made games on digital platforms and gambling related games.<ref>{{cite news | title = Beleaguered Playlogic relaunches company, focusing on digital releases. | publisher=Joystiq | date = 22 December 2010 | url=http://www.joystiq.com/2010/12/22/beleaguered-playlogic-relaunches-company-focusing-on-digital-re/}}</ref> |
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PlaylogicGame Factory: Based in Breda (the Netherlands) was one of the most modern and advanced contemporary development studios with a team of circa 80 people developing a number of titles on several platforms. |
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The restructured company completed the acquisition of mobile gaming and gambling company WannaGaming International BV in 2011. WannaGaming was founded 4 years prior to the acquisition. |
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⚫ | On |
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In December 2014, Playlogic went bankrupt again.<ref>{{cite web|url=http://www.rtlnieuws.nl/economie/home/gamesbedrijf-playlogic-weer-failliet|title=Gamesbedrijf Playlogic (weer) failliet|website=RTL Nieuws|date=3 December 2014}}</ref> |
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== Games Developed == |
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==First-party development for Sony== |
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⚫ | Playlogic gaming and gambling products included ''Fun Play'' and ''Real Play'', handled by Microgaming Ltd. The company operated their ''Real Play'' components under a [[Malta|Maltese]] gambling license. Playlogic Game Factory also worked as a First Party contractor for Sony Computer Entertainment Europe (SCEE). |
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Playlogic Game Factory also worked as a First Party contractor for Sony Computer Entertainment Europe (SCEE). This relationship was continued for 4 years in which Playlogic Game Factory developed 5 products that were published by Sony Computer Entertainment Europe. These games were Eyepet, Eyepet Move Edition, Pom Pom Party, Aqua Vita and Mesmerize I&II. These titles used either the [[PlayStation 2]] EyeToy camera or the [[PlayStation 3]] Eye Camera. |
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* Aqua Vita/Aquatopia (2007) |
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The company's principal sources of revenue were derived from publishing operations. Playlogic owned most of the intellectual property they published. |
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* [[Mesmerize (video game)|Mesmerize]] (2007) |
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* [[Tori-Emaki]] (2008) |
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* Mesmerize 2 |
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* Fairytale Fights (2009) |
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* [[EyePet|Eyepet]] (2009) |
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* Eyepet Move Edition (2010) |
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==References== |
== References == |
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{{reflist}} |
{{reflist}} |
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==External links== |
== External links == |
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*[https://finance.yahoo.com/q?s=plgc.ob Company and investor information at Yahoo Finance] |
*[https://finance.yahoo.com/q?s=plgc.ob Company and investor information at Yahoo Finance] |
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Latest revision as of 15:09, 21 September 2023
Company type | Public |
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OTC Pink: PLGC | |
Industry | Video games |
Founded | 2002 |
Defunct | 2010(bankrupt) |
Headquarters | , Netherlands |
Products | Fairytale Fights Xyanide Xyanide: Resurrection Worldshift Age of Pirates: Caribbean Tales Age of Pirates 2: City of Abandoned Ships ObsCure II Infernal Aggression Aliens in the Attic World Racing 2 Knights of the Temple II Gene Troopers Airborne Troops Cyclone Circus Pool Hall Pro Vertigo Red Bull BC One Ancient Wars: Sparta Stateshift Building & Co Alpha Black Zero Dimensity Sudoku Ball Detective Dragon Hunters Simon the Sorcerer 4 The Endless Days of Luckless John |
Number of employees | 110, with circa 300 external development staff (2010) |
Website | playlogicgames |
Industry | Mobile gambling and console publishing |
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Founded | 2010 |
Defunct | 2014(bankrupt) |
Headquarters | Amsterdam , The Netherlands |
Website | playlogicgames |
Playlogic Entertainment was a company active in mobile gambling and console publishing, founded in 2002 by Rogier Smit.[1]
History[edit]
Playlogic Entertainment, Inc. was listed on the 'OTCBB' in New York, (ticker symbol: PLGC) in June 2005 and completed all SEC required filings until Q1 2010. The company renamed their listing and stock from Playlogic Entertainment Inc. to Donar Ventures in April 2011.[2]
Playlogic International N.V. was a full subsidiary of Playlogic Entertainment, Inc. based in Amsterdam. Playlogic published games developed internationally as well as in-house through Playlogic Game Factory BV, a studio based in Breda with a team of around 80 people.
Bankruptcy and restructuring[edit]
On July 28, 2010, the company filed at the US Securities and Exchange Commission, voluntarily entering into 'surseance van betaling', the Dutch equivalent of Chapter 11 bankruptcy, after a few years of struggling with major losses and new games failing to bring in revenue.[3][4]
On August 4, 2010, the court officially declared Playlogic bankrupt.[5] Later that year, Playlogic Entertainment NV relaunched with some of the original staff, taking a focus on publishing already made games on digital platforms and gambling related games.[6]
The restructured company completed the acquisition of mobile gaming and gambling company WannaGaming International BV in 2011. WannaGaming was founded 4 years prior to the acquisition.
In December 2014, Playlogic went bankrupt again.[7]
Games Developed[edit]
Playlogic gaming and gambling products included Fun Play and Real Play, handled by Microgaming Ltd. The company operated their Real Play components under a Maltese gambling license. Playlogic Game Factory also worked as a First Party contractor for Sony Computer Entertainment Europe (SCEE).
- Aqua Vita/Aquatopia (2007)
- Mesmerize (2007)
- Tori-Emaki (2008)
- Mesmerize 2
- Fairytale Fights (2009)
- Eyepet (2009)
- Eyepet Move Edition (2010)
References[edit]
- ^ robin (4 August 2010). "Dutch game maker Playlogic bankrupt after failed fairytale". DutchNews.nl. Retrieved 4 April 2023.
- ^ "playlogic8k_12212010.htm". www.sec.gov. Retrieved 4 April 2023.
- ^ "Nederlandse gameontwikkelaar Playlogic stevent af op faillissement". Tweakers.net. 27 July 2010.
- ^ "Playlogic files for bankruptcy". gamsindustry.biz. 28 July 2010.
- ^ robin (4 August 2010). "Dutch game maker Playlogic bankrupt after failed fairytale". DutchNews.nl. Retrieved 4 April 2023.
- ^ "Beleaguered Playlogic relaunches company, focusing on digital releases". Joystiq. 22 December 2010.
- ^ "Gamesbedrijf Playlogic (weer) failliet". RTL Nieuws. 3 December 2014.