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GADGETS AND GAMES DIRECTORY :: > Games Register Weblog > Games Tech Weblogs - WEEKLYBITS.COM GADGETS AND GAMES DIRECTORY
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Send to email		Visit Former Atari CEO received $4.76 million parachute Former Atari CEO received $4.76 million parachute in ataribruno-bonnellbrunobonnell
By Alexander Sliwinski
el 03-Jul-2008

Filed under: Business


Former Atari CEO Bruno Bonnell received 3 million Euros ($4.76 million) for running the company into the ground to leave the company last year. GameDaily reports Bonnell was apparently given the package by Infogrames -- which was a majority shareholder at the time -- without Atari's management receiving a copy of the agreement until two months after the deal was done.

Of course, this is a ghost from Atari's past, not the new incarnation we're slowly getting to know. We just like this story because, frankly, we're jealous. We want $4.76 million for throwing a company into financial ruin ... heck, we'll settle for a $100 bucks and a free round of drinks at the pub.
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24-Oct-2008

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Former Atari CEO received $4.76 million parachute
Image 0 en - Former Atari CEO received $4.76 million parachute Filed under: Business Former Atari CEO Bruno Bonnell received 3 million Euros ($4.76 million) for running the company into the ground to leave the company last year. GameDaily reports Bon [..] Read complete article
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Published 03-Jul-2008 by Alexander Sliwinski in ataribruno-bonnellbrunobonnell
Read 2 times. More hits in More articles Former Atari CEO received $4.76 million parachute Images about Former Atari CEO received $4.76 million parachute
Kotaku`s The Gamers Guide Blogger

XBOX 360 Gamers Weblog Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred

Former CEO Of Struggling Atari Got One Hell Of A Golden Parachute [Atari]
Atari's fiscal 2008 annual report shows just how dire the publisher's situation has become over the years. Beginning late in 2005, the company began a gradual and aggressive scale-back of its development activities, and by the end of 2007, it had sold away all of its development studios. The company now [..] Read complete article
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Published 02-Jul-2008 by Leigh Alexander in Atari Financial Industry infogrames News Original
Read 2 times. More hits in More articles Former CEO Of Struggling Atari Got One Hell Of A Golden Parachute [Atari] Images about Former CEO Of Struggling Atari Got One Hell Of A Golden Parachute [Atari]
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Atari Saved! Video Game Icon Snapped Up For $11 Million
atari.jpg - Atari Saved! Video Game Icon Snapped Up For $11 Million In November, Atari (ATAR) was flatlining; it posted a $11.9 million quarterly loss and said that there was 'substantial doubt about our ability to continue as a going concern.' That was before it st [..] Read complete article
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Published 01-May-2008 by Silicon in TWXATAR
Read 5 times. More hits in More articles Atari Saved! Video Game Icon Snapped Up For $11 Million Images about Atari Saved! Video Game Icon Snapped Up For $11 Million
Kotaku`s The Gamers Guide Blogger

XBOX 360 Gamers Weblog Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred

Infogrames-Controlled Atari Gets 49 Percent Of Publishing Revenues From DBZ [Atari]
For fiscal 2008, Atari reported net revenues of $80.1 million, as compared with $122.3 million for the year previous, the company's annual report revealed. This represents a steady year-over-year decline for the publisher since fiscal 2005, when its revenues were $343.8 million. "We rely on bo [..] Read complete article
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Published 02-Jul-2008 by Leigh Alexander in Atari Financial Industry infogrames News Original Top
Read 5 times. More hits in More articles Infogrames-Controlled Atari Gets 49 Percent Of Publishing Revenues From DBZ [Atari] Images about Infogrames-Controlled Atari Gets 49 Percent Of Publishing Revenues From DBZ [Atari]
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XBOX 360 Gamers Weblog Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred

Atari Going After iPhone Breakout Clones [BreakOut]
Atari has fired off some stern letters to iPhone games developers, citing infringement of their Breakout intellectual property. Bootant has received a takedown for Break Classic and BreakTouch 3D and SpiffyWare was given a talking to for Super [..] Read complete article
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Published 18-Sep-2008 by Stuart Houghton in BreakOut app store Apple Atari Copyright Intellectual Property iPhone Legal News
Read 3 times. More hits in More articles Atari Going After iPhone Breakout Clones [BreakOut] Images about Atari Going After iPhone Breakout Clones [BreakOut]
Kotaku`s The Gamers Guide Blogger

XBOX 360 Gamers Weblog Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred

Infogrames Completes Atari Buyout [Infogrames]
Finally, some news about a troubled, bankrupted former household name getting bought up by someone other than the government. Infogrames has completed its purchase of Atari, for all of $11 million. The French publisher already owned about 51 percent of [..] Read complete article
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Published 11-Oct-2008 by Owen Good in infogrames Atari News
Read 1 times. More hits in More articles Infogrames Completes Atari Buyout [Infogrames] Images about Infogrames Completes Atari Buyout [Infogrames]
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It is done: Infogrames now fully owns Atari
Image 0 en - It is done: Infogrames now fully owns Atari Filed under: Business Infogrames has completed its $11 million stock purchase of Atari, making it a wholly owned subsidiary of the French publisher now. Infogrames CEO David Gardner stated the [..] Read complete article
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Published 14-Oct-2008 by Alexander Sliwinski in ataridavid-gardnerinfogrames
Read 4 times. More hits in More articles It is done: Infogrames now fully owns Atari Images about It is done: Infogrames now fully owns Atari
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Atari's CEO wants you to know how it will stay back in black
Image 0 en - Atari Filed under: Culture, Nintendo DS, Nintendo Wii, Business We've already witnessed the news that made us go, "Wha?" -- Atari actually turned a profit this past financial quarter, even though it was just a measly $3.5 million smackers. G [..] Read complete article
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Published 19-Aug-2008 by Kevin Kelly in AtaribusinessJamie-OliverJim-WilsonprofitWhats-Cooking-With-Jamie-Oliver
Read 0 times. More hits in More articles Atari Images about Atari
Kotaku`s The Gamers Guide Blogger

XBOX 360 Gamers Weblog Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred

Atari Enjoys Not So Horrible Quarter [Profit And Loss]
Things are lookin' up for Atari! The company announced its quarterly results today, seeing $40.3 million in revenue for the quarter ending June 30. That's much better than the quarter from the previous year, if you don't have your earnings spreadsheets handy and translates t [..] Read complete article
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Published 13-Aug-2008 by Michael McWhertor in Profit and loss Alone In The Dark Atari Business
Read 2 times. More hits in More articles Atari Enjoys Not So Horrible Quarter [Profit And Loss] Images about Atari Enjoys Not So Horrible Quarter [Profit And Loss]
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First sign of the Apocalypse: Atari made profit in Q1
Image 0 en - First sign of the Apocalypse: Atari made profit in Q1 Filed under: Business Grab the kids and run for the countryside, perennial loser Atari made a profit last quarter! GameDaily reports that it's nothing huge, but the company's $3.5 million profit in Q [..] Read complete article
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Published 15-Aug-2008 by Alexander Sliwinski in Apocalypseatariinfogramesprofit
Read 1 times. More hits in More articles First sign of the Apocalypse: Atari made profit in Q1 Images about First sign of the Apocalypse: Atari made profit in Q1
Kotaku`s The Gamers Guide Blogger

XBOX 360 Gamers Weblog Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred

Atari Reports Fourth Quarter Losses; Water Also Wet, Fire Hot [Atari]
Via Shacknews late Friday, Atari reported $23.6 million net loss in its fiscal year ending March 31, 2008, the last FY on its books before it starts getting a monthly allowance from Infogrames, and a lecture on the value of money. The $23.6M loss however is one-third the $69.7 fiscal assb [..] Read complete article
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Published 14-Jun-2008 by Owen Good in Atari Finance infogrames ovaltine
Read 5 times. More hits in More articles Atari Reports Fourth Quarter Losses; Water Also Wet, Fire Hot [Atari] Images about Atari Reports Fourth Quarter Losses; Water Also Wet, Fire Hot [Atari]
Kotaku`s The Gamers Guide Blogger

XBOX 360 Gamers Weblog Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred

Atari Gamer?s Day Roundup [Roundup]
September is turning out to be a hell of a month. A hurricane is heading for my homestead, my dental appointment got pushed to the morning after the Atari event and Atari fell the day after the Guitar Hero event I?m not allowed to talk about until next week. Which happens to be [..] Read complete article
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Published 12-Sep-2008 by AJ Glasser in
Read 4 times. More hits in More articles Atari Gamer?s Day Roundup [Roundup] Images about Atari Gamer?s Day Roundup [Roundup]

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