Tales Studio, the Namco Bandai subsidiary responsible for the long running Tales series of RPGs, has been revealed to be in dire financial straits.
The company is 100% privately held by Namco Bandai, so its public reporting of accounts is limited, but what it has published recently is none too promising:
These figures essentially show an annual loss of 1 million dollars and an accumulated debt of 21 million dollars, exceeding their total assets – the company will either go bankrupt, “restructure,” or go cap in hand to Bandai bosses begging for more cash based on promises of future success – which may be problematic considering the size of the loss they are dealing with themselves.
An alternative might be a re-absorption into Namco Bandai, although this would not guarantee any success in actually tackling the decline of the franchise.
Tales Studios Nearing Bankruptcy
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