Atari Video games Being ‘Revitalized’ for Trendy Consoles

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Atari has introduced the creation of a brand new gaming division with the goal of constructing console and PC video games “for the fashionable period.”

In a press launch, the corporate mentioned that it desires to “revitalize” basic Atari IP that may “share the classics’ instantaneous enjoyability, whereas introducing a significant single-player marketing campaign, sofa co-op/multiplayer, and on-line play.”

“The Gaming Division of Atari, which is able to embody all property not included within the Blockchain Division, might be targeted on gaming, and particularly the increasing market of retro gaming,” Atari mentioned in a press release. “Financially, Atari will prioritize incremental long-term development and sustainable cashflow. To do that Atari will give attention to three key pillars for the Gaming Division: Gaming, the VCS, and Licensing.”

Along with the above, Atari will proceed to develop free-to-play cellular video games.

Atari has undergone a change in management, with present Chairman of the Board of Administrators Wade J. Rosen moving into the function of Chief Government Officer.

“I’m honored to be a steward of one thing as iconic and legendary as Atari. I might additionally wish to thank [outgoing CEO] Fred Chesnais for turning across the firm, which is now effectively positioned for such unimaginable long-term success,” mentioned Rosen. “When Fred stepped into the function of Chief Government Officer, he inherited a state of affairs burdened with debt. Since then, he has eradicated debt and enacted a significant turnaround. He had the foresight to push Atari into innovative markets like Blockchain, the VCS, and the Atari Resorts. It’s due to him that the corporate is at its strongest valuation in seven years.”

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