Codies up to something: OFP 4?

[Flash Thunder]

A name to better fit them since they're arent exactly masters of the code.

Just look at all the issues bugs in Dragon crap.

[GRS]

Hey guys, what do you think of Codemaster's games? Are they good?










Seriously, let it die.

[Nicholas]

I actually don't mind Codemasters racing games. But they should not try to make another FPS. I hope that this "rumor" is false. Even though they've changed their name to "Codemasters Racing" doesn't mean they won't release the game under a different name.

[jblackrupert]

If Codemasters are about to start another tactical shooter-kinda game

They're aren't, see the link I posted above. The changed their name to "Codemasters racing" and are sticking to racing games.

It would be good news if they choose to revive the TOCA series which was very good and switch to dedicated servers for the GRID and DIRT series.

[Nicholas]

They're aren't, see the link I posted above. The changed their name to "Codemasters racing" and are sticking to racing games.

It would be good news if they choose to revive the TOCA series which was very good and switch to dedicated servers for the GRID and DIRT series.

They may still have a subsidiary studio develop and publish the game.

[Max Power]

That's a good point. Because Codemasters has rebranded, doesn't mean it's the only rebranding going on. It is possible that Codemasters has shuffled some stuff around to minimize the negative associations of the past on future endeavors, but that not a lot has changed operationally.

[Flash Thunder]

That's a good point. Because Codemasters has rebranded, doesn't mean it's the only rebranding going on. It is possible that Codemasters has shuffled some stuff around to minimize the negative associations of the past on future endeavors, but that not a lot has changed operationally.

Its plastic surgery for them meanwhile the internet exposes Codemasters lies.

[Baff1]

F1 video game creator Codemasters in debt for equity deal
Codemasters, the video games maker behind the Formula1 series of games as well as 90s’ retro classic Dizzy, is to convert £21m of expensive debt into equity as part of a wider financial restructuring designed to place the loss-making company on a sounder financial footing.

Codemasters, the British video games maker, wants to cut its borrowing costs to boost profits.
By James Quinn
9:30PM BST 21 Apr 2012
4 Comments
The Warwickshire-based company, one of Britain’s best known video games maker, which employs more than 650 people, is to restructure its balance sheet to reduce its borrowing costs and help it generate increased profits.

The conversion of £14.95m of “Payment in Kind” (PIK) notes into equity will see the company’s two shareholders, Balderton Capital and India’s Reliance Entertainment – which already each own 50pc of the business, essentially write off the debts in return for the creation of the additional shares.

Balderton is currently owed £9.35m in PIK notes, with Reliance owed £5.6m.

The debt is so expensive that £1.63m of interest payments accrued on the PIK notes in the year to June 2011. In addition, Reliance has provided a further loan of £6m, which is also convertible into equity.

The company has also managed to agree extensions to £19.3m of loans with India’s Axis Bank and JPMorgan Chase, pushing the dates by which they must be repaid to June and August respectively.

http://www.telegraph.co.uk/finance/n...uity-deal.html

[Nicholas]

Ok, I figured it out. Codemasters as a publisher is not going to change their name. They will still be labeled as "Codemasters" on all of their games that they publish. But their in-house studios (developers) have been renamed is all.

Codemasters (Publisher)
* Codemasters Racing Studio (Developer)
* Codemasters Action Studio (Developer)

Their racing studio will only produce their racing games, nothing else; their action studio will produce their action games, such as Operation Flashpoint.

Not a single news site mentioning this has linked to such press release. I really love how much the media will twist things around.

[kimozabbi]

The new Operation Flashpoint: Taskforce Olympus forum is up on the Codemasters Action Studio website. I don't know why they choose Greek Island Lesbos as the setting, they should have just use a fictional Island. The trailer looks awesome, underwater stuff looks cool. I think it is going to be the graphics king of all games in 2012 for sure.