Sydney-based game development studio, Team Bondi, is no stranger to bumpy roads. Having switched publishers, spent seven years developing a game, and then being accused of providing poor working conditions, the bumpy road is about to come to an end... because the company has gone into administration.
According to an updated listing on the Australian Securities and Investments Commission, Team Bondi went into external administration on August 30, with two administrators being assigned to wind up the company.
We will continue to update this story as more information becomes available.
Sydney video game studio Team Bondi in administration [Smart Company]