{"id":6086,"date":"2011-05-17T09:53:45","date_gmt":"2011-05-17T16:53:45","guid":{"rendered":"http:\/\/www.dfcint.com\/dossier\/?post_type=news&#038;p=6086"},"modified":"2018-07-23T20:52:25","modified_gmt":"2018-07-23T20:52:25","slug":"atari-divests-cryptic","status":"publish","type":"post","link":"https:\/\/www.dfcint.com\/dossier\/atari-divests-cryptic\/","title":{"rendered":"Atari Divests Cryptic Studios"},"content":{"rendered":"<p style=\"text-align: justify;\"><img loading=\"lazy\" class=\"alignleft size-full wp-image-10179\" src=\"http:\/\/www.dfcint.com\/dossier\/wp-content\/uploads\/2011\/05\/Cryptic-Logo-S.jpg\" alt=\"Cryptic Logo-S\" width=\"224\" height=\"400\" \/>MAY 17, 2011 \u2022 In line with its previously stated strategy of fewer but more profitable releases, and further expansion into casual online and mobile games, Atari announced in financial disclosures that it has determined external development creates more flexibility in the changing marketplace, and will divest itself from Cryptic Studios. The divestiture process is underway, and as of March 31, 2011, Atari accounted Cryptic as a \u201cdiscontinued operation.&#8221;<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000080;\"><em>Impact: The reality is, Atari has been in a long decline for years.\u00a0 Revenue for the fiscal year ended March 31, was down 43% to only \u20ac73 million.\u00a0 Right now, it is hard to see how the new small Atari can ever fight its way back to becoming a major player.<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MAY 17, 2011 \u2022 In line with its previously stated strategy of fewer but more profitable releases, and further expansion into casual online and mobile games, Atari announced in financial disclosures that it has determined external development creates more flexibility in the changing marketplace, and will divest itself from Cryptic Studios. The divestiture process is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[123,78],"tags":[424],"_links":{"self":[{"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/posts\/6086"}],"collection":[{"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/comments?post=6086"}],"version-history":[{"count":6,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/posts\/6086\/revisions"}],"predecessor-version":[{"id":16616,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/posts\/6086\/revisions\/16616"}],"wp:attachment":[{"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/media?parent=6086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/categories?post=6086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/tags?post=6086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}