Nightdive Studios Talks Remastering Games & Tackling System Shock Remake
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Read More Here: https://www.shacknews.com/article/134721/atari-acquires-nightdive-studios
Atari announced on March 22, 2023 that it has entered in to an agreement for the acquisition of Nightdive Studios. The purchase of Nightdive will involve a few instances of payment. An initial consideration of $10 million USD will be payable half in cash and the other half in Atari shares at the closing of the acquisition. The Yahoo Finance story notes that there is โan earn-out of up to $10 million USD, payable over the next three years based on the future performance of Nightdive.โ This indicates that the acquisition could be as little as $10 million with a potential to reach $20 million. Atari is also set to issue โฌ30 million bonds convertible into new Atari shares.
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Shacknews Interviews currently has 9,593 views spread across 5 videos for System Shock. His channel published less than an hour of System Shock content, making up less than 0.65% of the total overall content on Shacknews Interviews's YouTube channel.