GAME Will Stock Twisted Metal

Beleaguered video game retailer GAME will be stocking Twisted Metal this Friday, as announced by a Sony spokesperson to Eurogamer. This is good news for a company that has recently seen some very difficult times, as EA and other publishers have announced that they will not have their games sold through the retailer due to contract problems brought on by a weak holiday sales period. Company stock has fallen to record lows, and the company has put itself up for sale as a result.

Though Sony has given GAME its support, by releasing the Vita through GAME, it’s not known if other publishers will be following suit. As of this time, Rising Star Games is still talking with GAME whether or not the company should stock their product.

GAME is supposedly only two weeks away from entering what is called administration. That would mean that the company would be run an administrator on behalf of the creditors. Decisions would be made by the administrator to help the creditors get their money back from their investment in the company, and seeing that the creditors will want to get back whatever they can, it might be in GAME’s best interests if they could be sold before they are put into administration. As it is, however, GameSpot may be looking to wait until GAME enters administration, where it could buy the company for a price even lower than the already low £2.93 million it’s worth at this moment. But, despite all the problems that GAME faces right now, it’s at least bought itself a little bit of time, and can now try to make itself appear a little better for any other potential sellers out there.
Source