David Perry Resigns from Shiny

Note that he intends to take up the post when the acquisition goes though.

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http://www.gamesindustry.biz/content_page.php?aid=14830

Perry added that he intends to go back to Shiny once the right buyer has been found, stating: “To be clear, I cannot sell the company but I can get publishers excited about the company enough to get a bidding war going on.”
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o_O

Does this make sense to anyone?

“If I’m an employee of Atari, then I’d be stepping all over them. This way, I’m representing a buyer. I can act swiftly and get buyers on the table. I pitched Shiny last time and got $47 million.”

That pretty much sums it up. As the head of Shiny, he’s an Atari employee. So he’s going to have to convince Atari that he should be able to talk with interested buyers. That means going through a lot of red tape and being held back. Now that he’s left the company, he can talk to anyone that he wants and rouse some interest. It’s basically just a swift business move to get around the legalities of it. Essentially, he is still head of Shiny.

Wasnt half or so of that $47 million because Atari had to buy the Matrix license from Interplay?

Shiny….good name for them at the moment since all they seem to be able to do is polish turds (oooh catty!). I hope they get back on track and release some decent games.

Wasnt half or so of that $47 million because Atari had to buy the Matrix license from Interplay?

Shiny….good name for them at the moment since all they seem to be able to do is polish turds (oooh catty!). I hope they get back on track and release some decent games.[/quote:733d26660a]
Don’t be expecting a call from California anytime soon, Ivan!

A lot of that probably would have been for the Matrix license, but it’s still pretty incredible when Interplay/Shiny bought the license for $8 million.