Playlogic Entertainment: Difference between revisions

Playlogic Entertainment N.V.
Industry	Mobile gambling and console publishing
Founded	2010
Defunct	2014(bankrupt)
Headquarters	Amsterdam, The Netherlands
Website	playlogicgames.com

Playlogic Entertainment, Inc
Company type	Public
Traded as	OTC Pink: PLGC
Industry	Video games
Founded	2002
Defunct	2010(bankrupt)
Headquarters	Amsterdam, 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.com

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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.

External links[edit]

Company and investor information at Yahoo Finance

[1] robin (4 August 2010). "Dutch game maker Playlogic bankrupt after failed fairytale". DutchNews.nl. Retrieved 4 April 2023.

[2] "playlogic8k_12212010.htm". www.sec.gov. Retrieved 4 April 2023.

[3] "Nederlandse gameontwikkelaar Playlogic stevent af op faillissement". Tweakers.net. 27 July 2010.

[4] "Playlogic files for bankruptcy". gamsindustry.biz. 28 July 2010.

[5] robin (4 August 2010). "Dutch game maker Playlogic bankrupt after failed fairytale". DutchNews.nl. Retrieved 4 April 2023.

[6] "Beleaguered Playlogic relaunches company, focusing on digital releases". Joystiq. 22 December 2010.

[7] "Gamesbedrijf Playlogic (weer) failliet". RTL Nieuws. 3 December 2014.

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@@ Line 1: / Line 1: @@
+{{short description|Mobile gambling and video gaming company}}
-{{refimprove|date=August 2007}}
+{{Use dmy dates|date=March 2022}}
 {{Infobox company
 | name     = Playlogic Entertainment, Inc
-| logo     = [[Image:Playlogic Entertainment Logo.png]]
+| logo     = [[File:Playlogic Entertainment Logo.png]]
 | type     = [[Public company|Public]]
 | traded_as        = {{OTC Pink|PLGC}}
 | foundation       = 2002
-| defunct          = 2010
+| defunct          = 2010(bankrupt)
-| location_city    = Amsterdam
+| location_city    = [[Amsterdam]]
-| location_country = The Netherlands
+| location_country = Netherlands
-| industry         = [[Video game industry|Interactive entertainment]]
+| industry         = [[Video game industry|Video games]]
-| 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 (game)|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]]
+| 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
-| num_employees    = 110, with 300+/- external development staff (2010)
+| num_employees    = 110, with circa 300 external development staff (2010)
-| homepage         = [http://www.playlogicgames.com/ www.playlogicgames.com]
+| homepage         = {{URL|playlogicgames.com}}
 }}
 {{Infobox company
-| name     = Playlogic Entertainment N.V.
+| name             = Playlogic Entertainment N.V.
-| logo     = [[Image:Playlogic Entertainment Logo.png]]
+| logo             = [[File:Playlogic Entertainment Logo.png]]
 | foundation       = 2010
-| defunct          = 2014
+| defunct          = 2014(bankrupt)
 | location_city    = Amsterdam
 | location_country = The Netherlands
-| industry         = [[Mobile Gambling and Console Publishing]]
+| industry         = Mobile gambling and console publishing
-| homepage         = [http://www.playlogicgames.com/ www.playlogicgames.com]
+| homepage         = {{URL|playlogicgames.com}}
 }}
-'''Playlogic Entertainment''' NV was established in 2002. The company was active in mobile [[gambling]] and [[game console|console]] publishing.
+'''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>
-Playlogic Entertainment NV completed the acquisition of Mobile gambling company Wannagaming at the beginning of 2011. Wannagaming has been operational for four years prior to the acquisition by Playlogic Entertainment NV.
-Gaming & Gambling products are both Fun Play and Real Play powered by market leader Microgaming Ltd.
-The company operates all Real Play components under a Maltese gambling license and is in full compliance with rules and regulations under Maltese Class I gambling license (LGA/CL1/259/2006).
-Other products include game [[software]] for the most popular platforms by [[Sony]], [[Microsoft]], [[Nintendo]] and [[Apple Inc.|Apple]]. Digital distribution has replaced the traditional packaged goods to retail model.
-==History==
-Formed in 2010 Playlogic Entertainment NV is the continuation of Playlogic International NV which was established in 2002 as a traditional console video games publisher on Sony, Microsoft and Nintendo systems. After [[restructuring]] the company continued with the same management team and several key employees.
-The restructured company completed the acquisition of Mobile Gaming & Gambling company Wannagaming International BV in 2011. WannaGaming has been active in the Mobile Gaming & Gambling industry for 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 all current game consoles.
-==History Prior to Restructuring==
-'''Playlogic Entertainment, Inc'''. was listed on the ‘OTCBB’ in New York, (ticker symbol: PLGC) as of June 2005 and was fully compliant and completed all SEC required filings until Q1 2010. The stock is currently pink sheet and Playlogic Entertainment Inc. has been renamed Donar Ventures.
+== History ==
-Playlogic International N.V. was a full subsidiary of Playlogic Entertainment, Inc. and was based in Amsterdam, the Netherlands.  Playlogic published a variety of games developed internationally but also through their in-house production facility, Playlogic Game Factory BV.
+'''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>
+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.
-Together Playlogic represented a work force stronger than 110 who were responsible for Distributing, Selling, Licensing, PR & Marketing, publishing and Product Development.
+=== Bankruptcy and restructuring ===
-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.
+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>
+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>
-Playlogic Game 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.
+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.
-==First Party Development for Sony==
-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.
+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>
-The company’s principal sources of revenue were derived from publishing operations. Playlogic owned most of the intellectual property they published.
+== Games Developed ==
-==Bankruptcy and Restart==
+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).
-On Tuesday 27 July 2010 rumours started to surface around Playlogic about a possible [[bankruptcy]], after a few years of struggling with major losses and new games failing to bring in new cash.<ref>{{cite news | title = Nederlandse gameontwikkelaar Playlogic stevent af op faillissement | publisher = Tweakers.net | date = Jul 27, 2010 | url = http://tweakers.net/nieuws/68796/nederlandse-gameontwikkelaar-playlogic-stevent-af-op-faillissement.html}}</ref> Wednesday 28 July 2010 the rumours have been confirmed by a filing at the US Securities and Exchange Commission. This filing revealed that the company had voluntarily entered into 'surseance van betaling', the Dutch equivalent of [[Chapter 11, Title 11, United States Code|Chapter 11]].<ref>{{cite news | title = Playlogic files for bankruptcy | publisher = gamsindustry.biz | date = Jul 28, 2010 | url = http://www.gamesindustry.biz/articles/playlogic-files-for-bankruptcy}}</ref>
+* Aqua Vita/Aquatopia (2007)
-On Wednesday 4 August 2010, the court declared Playlogic officially bankrupt.{{Citation needed|date=May 2011}} Later that year Playlogic Entertainment N.V. 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 = Dec 22, 2010 | url=http://www.joystiq.com/2010/12/22/beleaguered-playlogic-relaunches-company-focusing-on-digital-re/}}</ref> In December 2014 Playlogic went bankrupt again.<ref>http://www.rtlnieuws.nl/economie/home/gamesbedrijf-playlogic-weer-failliet</ref>
+* [[Mesmerize (video game)|Mesmerize]] (2007)
+* [[Tori-Emaki]] (2008)
+* Mesmerize 2
+* Fairytale Fights (2009)
+* [[EyePet|Eyepet]] (2009)
+* Eyepet Move Edition (2010)
-==References==
+== References ==
+{{reflist}}
-<references/>
-==External links==
+== External links ==
 *[https://finance.yahoo.com/q?s=plgc.ob Company and investor information at Yahoo Finance]
-{{Use dmy dates|date=May 2011}}
-[[Category:Companies listed on the Pink Sheets]]
+[[Category:Companies traded over-the-counter in the United States]]
 [[Category:Video game development companies]]
 [[Category:Video game publishers]]
-[[Category:Video game companies of the Netherlands]]
+[[Category:Video game companies established in 2002]]
+[[Category:Video game companies disestablished in 2010]]
+[[Category:Defunct video game companies of the Netherlands]]
 [[Category:Companies based in Amsterdam]]
-[[Category:Defunct video game companies]]
+[[Category:Playlogic Entertainment games]]