Confirmed: OnLive Closing Down, Employees Laid Off

August 17, 2012 -

According to this Polygon report, word on the street is that the cloud-based gaming service OnLive is closing down and its entire staff has been laid off today. The report is based on an anonymous email forwarded to the publication by a former employee. According to that e-mail, OnLive will no longer exist as a company as of today, but a new entity will be formed in its place. Veteran video game developer Brian Fargo also made public comments echoing the same bad news, according to the report.

"I wanted to send a note that by the end of the day today, OnLive as an entity will no longer exist," reads an email forwarded to Polygon. "Unfortunately, my job and everyone else's was included. A new company will be formed and the management of the company will be in contact with you about the current initiatives in place, including the titles that will remain on the service."

When asked for comment, an OnLive representative offered the standard response:

"We don't respond to rumors and have no comment."

A source close to the situation who wishes to remain anonymous has confirmed with us that the Polygon report is true. We'll have more on this story shortly.

Source: Polygon

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Comments

Re: Confirmed: OnLive Closing Down, Employees Laid Off

Not really surprising. I've said before that for this to be viable (and I do love the concept, really) requires stable connection speeds that hare much higher than most of the consumer base can get. It does suck for the employees though.

Re: Confirmed: OnLive Closing Down, Employees Laid Off

Yikes they really need a subscription after all, then again the whole thing could be ten years to early. ><Well this will give the Ouya a boost.


Copyright infringement is nothing more than civil disobedience to a bad set of laws. Let's renegotiate them.

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Re: Confirmed: OnLive Closing Down, Employees Laid Off

Wow, I remember seeing the big promotion for this only September of last year, at Eurogamer. Let's hope Ouya succeeds where it failed.

 
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