RPGFan


DigiCube Files for Bankruptcy
11.29.03 - 2:15 AM

As of two days ago, Japanese game soft retailer DigiCube has filed for bankruptcy in Tokyo. Considering debts of 9.5 billion yen ($866.67 million USD), the company, who also published most soundtracks of Square's (now Square Enix) PlayStation One titles as well as a PlayStation 2 remake of the Nihon Falcom classic Ys I and II, saw no alternative to this step. While the shrinking Japanese game market (under which retailers like DigiCube in particular have been suffering for years) was mentioned as a general reason, the company cited the delay of Square Enix's Final Fantasy XII for PlayStation 2 until summer 2004 as a specific reason for its decision to file for bankruptcy.

For reference, Square held a stake of 47.38% until 2001, before selling a 9% stake in DigiCube in August of the same year. How the recent development will affect the publishing of Square Enix's soundtracks in Japan remains to be seen.


Back
Chris Winkler





Twitch Schedule & Status

Phantasy Star II
Sunday, December 17 • 10am PST/1pm EST

[on break]
Mondays • 6pm PST/9pm EST

Phantasy Star II
Tuesdays • 12pm PST/3pm EST

Final Fantasy VI
Thursdays and Fridays • 3pm PST/6pm EST

Xenoblade Chronicles 2
Tues-Wed-Thu • 7pm PST/10pm EST
Saturdays • 5pm PST/8pm EST

Featured Content
Fabula Nova Anniversaris: Celebrating Thirty Years of Final Fantasy
Fabula Nova Anniversaris: Celebrating Thirty Years of Final Fantasy
Special Feature
Lydia Review
Lydia
Review
Retro Encounter 113
Retro Encounter 113
Podcast
Finding Paradise Review
Finding Paradise
Review
.hack//G.U. Last Recode Review
.hack//G.U. Last Recode
Review
Valkyrie Anatomia -The Origin- Soundtrack Review
Valkyrie Anatomia -The Origin- Soundtrack
Review