Severe rumours have begun blustering around the tubes that veteran videogame developer Bizarre Creations (Geometry Wars, Project Gotham Racing, Blur) faces closure following a string of poorly performing titles, while the last game developed at the studio, James Bond 007: Blood Stone, received anything but stellar critical and commercial success.

Now Activision Publishing, the owners of Bizarre for over three years, is considering what it can do to make use of the obvious talent within the studio, while the option to either sell or close the developer is also on the cards.

Speaking to Kotaku, an Activision spokesperson commented:

“Over the past three years since our purchase of Bizarre Creations, the fundamentals of the racing genre have changed significantly. Although we made a substantial investment in creating a new IP, Blur, it did not find a commercial audience.

“Bizarre is a very talented team of developers, however, because of the broader economic factors impacting the market, we are exploring our options regarding the future of the studio, including a potential sale of the business.”

Source: Kotaku