Interplay Looks to MMOG Solution

CEO and chairman Herve Caen of publisher and developer Interplay Entertainment Corp. today announced the company will enter the massively multiplayer online gaming market. The company also reported its financial numbers for Q1 2004 today, revealing a net loss of $0.9 million. “Based on a detailed review of where our industry stands and the level of interest in the gaming community in taking some of our premier properties online, we are now pursuing several options to fund our entry into massively multiplayer online gaming with titles including Fallout. Initial feedback from our investment bank and ongoing dialogue with others in the gaming sector appear to confirm that the combination of our valuable and popular intellectual properties with the rapidly growing online gaming community is the best way to maximize Interplay shareholder value,” Caen said.