Atari and MyArcade are launching a new game console this year

The original Atari has been gone for decades, but the current owner of the name and brand released a new home console in 2021, called the Atari VCS 800. After a relatively short life, its future is probably sealed. But despite the limited sales of the game console, Atari is once again releasing a new game systems for the masses. Atari recently made a deal with My Arcade for the development of the new Gamestation Plus. The Gamestation Plus will include a collection of games from the Atari 2600, Atari 7800, and Atari Arcade. Recently, Atari CEO Wade Rosen made an offer to acquire Atari after it reported financial problems. According to PC Gamer, the company recently reported a “liquidity shortage and additional financing needs” in its semi-annual financial report. In Atari’s semi-annual financial report, published on September 30, 2022, the company reported that “consolidated net profit showed a loss of €5.4 million for the period compared to a loss of €3.5 million in the first half of 21/22. One of the big reasons for its losses this half-year was the Atari VCS console, sales decreased from €2.3 million to €0.2 million. Atari entered into the blockchain territory in 2021, but terminated its project earlier this year after a falling out with its crypto business partner ICICB group. The original Atari, Inc., founded in Sunnyvale, California, in 1972 by Nolan Bushnell and Ted Dabney, was a pioneer in arcade games, home video game consoles and home computers. The company’s products, such as Pong and the Atari 2600, helped define the electronic entertainment industry in the 70s. in January 1984 Jack Tramiel (a Auschwitz survivor), bought the Consumer Division of Atari Inc from Warner Communications, turning it from a failing subsidiary into a very viable and successful company with his ‘Business is war’ strategy before finally selling it in 1996.

news source: Atari / image source: Atari

Spread the love

More Amiga news