LA Noire studio on brink of bankruptcy

The house that built L.A. Noire may soon be shuttered for good, as the Sydney developer Team Bondi has officially entered administration. Filed with the Australian Securities & Investments Commission yesterday, the drastic action has left the studio with the unenviable task of attracting a (very) last minute buyer, or else be picked apart to death in order to pay its creditors.

Team Bondi has been battling allegations of employee mistreatmentfor months now, culminating in its unamicable split with Rockstar, and the slow but steady liquidation of its assets. It was rumoured KMM, the film studio behind Mad Max and Happy Feet, was stepping in to save the embattled studio with purchase of undisclosed assets, however the details of said dealings have not been made clear. KMM has, however, made a new home for a number of Team Bondi employees, including former studio head Brendan McNamara.

The studio's first step towards bankruptcy also paints a grim future for its sister company Depth Analysis, the tech outfit which created the facial scanning animation technology featured in L.A. Noire. Of course, there's very little chance of L.A. Noire not receiving a sequel, so it's safe to assume someone will be knocking on their door eventually (if they aren't already moving into KMM's office as we speak).

Sep 1, 2011

Source: VentureBeat,


  • bamb0o-stick - September 2, 2011 5:01 p.m.

    Does this affect the PC port? I'm really worried that this won't come out at all on PC.
  • Nomaddic - September 2, 2011 2:20 p.m.

    As you mentioned, Rockstar stated they would not be working with Team Bondi again in the future. Rockstar owns the LA Noire IP, so Team Bondi financial problems have nothing to do with whether or not LA Noire gets a sequel...
  • CitizenWolfie - September 2, 2011 10:42 a.m.

    Sad news really but unsurprising. I hope Rockstar get to keep the face scan technology behind it and use it in future games. Imagine how incredible the next Red Dead (or fingers crossed, Bully) would be with it. For those who haven't picked it up yet give LA Noire a try. It is my game of the year so far until the onslaught of Autumn games.
  • inkyspot - September 2, 2011 3:13 a.m.

    Maybe Rockstar will incorporate the tech into GTA 5. I have to pick that game up soon when it's cheaper.
  • ProfessorChief - September 1, 2011 11:56 p.m.

    Bought L.A. Noire when it first came out and I enjoyed it a lot. It has it's ups and downs but overall it's a great game. All this stuff with the studio came out of nowhere. It's pretty crazy. I don't really want a sequel though, as the story was great on it's own. Hopefully they get make a new game with the tech.
  • Defguru7777 - September 1, 2011 11:26 p.m.

    Unbelievable how far Team Bondi has fallen since LA Noire's release. Still haven't gotten around to it, unfortunately. Maybe I'll get it on sale in time for the holidays.
  • miningguyx360 - September 1, 2011 9:06 p.m.

    I just picked up LA Noire today for the PS3. Scumbag GameStop employee snuck me a Pre-Owned one without me noticing until I got home...
  • gamingfreak - September 2, 2011 7:26 a.m.

    I hate it when they do that, it really pisses me off, especially when I know the people that run my local GS!
  • MattoMcFly - September 1, 2011 9:02 p.m.

    Rockstar does own the IP, and I suspect they'll use it with or without Team Bondi...
  • Yeager1122 - September 1, 2011 7:10 p.m.

    I wouldnt want a sequel to this and i found the game good at times and terrible at others still havent gotten all the way to the end.
  • Plan10FromOuterSpace - September 1, 2011 5:47 p.m.

    Its a sign you're doing things wrong if you bring out a critically acclaimed and commercial successful game and then have this much trouble, does anyone even want a sequel to L.A. Noire anyway, outside of reviews ive heard nothing positive said about it
  • Redeater - September 1, 2011 6:28 p.m.

    I would love one myself. It had it's flaws but it was something unique that wasn't COD. Look at Assassin's Creed 1. That game was repetitive, boring and the combat was terrible. I tried playing it again recently and it was still horrible. Then look at AC:2 and Brotherhood. Those game are beyond amazing and did nothing but improve upon the original.
  • Plan10FromOuterSpace - September 2, 2011 1:25 a.m.

    @redeater, because your display picture is Crow T Robot, I highly value your opinion, and yes anything that isnt COD is always a step in the right direction for games, I need to give it a go but ive just heard so much bad stuff about it that I held back on full price
  • BudaBaker - September 1, 2011 6:47 p.m.

    I thought L.A. Noire was amazing its not about the game play its about the story. I wouldn't want a sequel though it just seems like it would ruin it.
  • Vel - September 1, 2011 5:25 p.m.

    I thought I read somewhere that Rockstar owns the LA Noire ip? If so, I don't know that they'd go back to Team Bondi to create a sequel.

Showing 1-16 of 16 comments

Join the Discussion
Add a comment (HTML tags are not allowed.)
Characters remaining: 5000