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World of Goo publisher Brighter Minds files for Chapter 11 protection

By on February 2, 2009
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Brighter Minds, publisher of indie-hit World of Goo, has filed for Chapter 11 protection.

The company focuses on family-friendly titles and is publicly traded on the TSX Venture Exchange (TSX: BRI.V). The company is a portfolio company of Hargan Ventures, a Canadian early stage venture fund.

Under Chapter 11 protection, the company seeks protection from its creditors and can continue to trade while it seeks to resolve its financial difficulties. The company is therefore not yet put into the GameOverZone, although we’ll keep a watching brief on it.

About Nicholas Lovell

Nicholas is the founder of Gamesbrief, a blog dedicated to the business of games. It aims to be informative, authoritative and above all helpful to developers grappling with business strategy. He is the author of a growing list of books about making money in the games industry and other digital media, including How to Publish a Game and Design Rules for Free-to-Play Games, and Penguin-published title The Curve: thecurveonline.com