Thursday March 18, 2010 1:34 PM AEST

Bye-bye Red Ant

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Bye-bye Red Ant
By David Hollingworth
Jan 21, 2009 | 5 Comments
Tags: Bye-bye | Red | Ant

The global financial crisis scores another scalp as local games publisher Red Ant goes into receivership.

Sad news for the local games industry – local gaming distributor, Red Ant Enterprises, has gone into receivership as of the 16th of this month. In the cold hard words of the Australian Securities and Investment Commission, the company is "under external administration and/or a controller has been appointed".

A number of employees have already left the company, and it’s unknown how long those remaining have in their roles.

Red Ant’s most recent success story was the hit action RPG Fallout 3. The company had a lot of big name games on its release list for 2009, including Bionic Commando, Resident Evil 5 and Street Fighter 4. Oh, yeah, and the highly anticipated Hotel for Dogs movie tie in.

Yep, we’ll all miss that one.

No one remaining at Red Ant was available for comment when we called, but we’ve been informed that an announcement is in the works. Nor could we get any comment on what Red Ant’s woes mean for the games the company as set to be releasing. Watch this space.

 
 
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5 Comments
Thoughts on this article? Add a comment below.
smadge1
Jan 21, 2009 2:13 PM
I've never been a fan of Red Ant. I had purchased a few games over the years, and they were woeful.
Hawkeye
Jan 21, 2009 2:31 PM
Red Ant doesn't make 'em, only distribute them.

- DH
smadge1
Jan 21, 2009 2:37 PM
oh, ok, my bad.

I know they often have bins of software in HN and EB etc.
Hawkeye
Jan 21, 2009 2:41 PM
Yeah, they used to do a LOT of budget games, kids titles and other low end stuff, punctuated by bigger titles like fallout.
Krispy89
Jan 22, 2009 5:09 PM
This is very sad indeed, you can't give them any negativity for the awful games they distrubited. What's even more woeful, is this is a HUGE blow for the local games industry.

It just seems that with every passing day, the yanks just seem to have a growing monopoly on the games that we play, the Australian Government should so something to help Red Ant, doubt it though.
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