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Tomb Raider: Underworld »
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Cavanagh Out As SCi Restructures News

Cavanagh Out As SCi Restructures News

The 'First Lady' of Britsoft departs the company she founded as SCi Entertainment begins life without Cavanagh...

By Jon Wilcox
Posted: 18/01/2008

Following a cataclysmic drop in share price in recent days, SCi Entertainment has today announced that Jane Cavanagh, CEO and founder of the company back in 1988, has left the publisher. Cavanagh isn't alone in leaving the outfit however, as both Managing Director of Studios Rob Murphy and Managing Director of Publishing Bill Ennis have also departed.

Shares in SCi, which is currently listed on the FTSE 250, dropped to record lows of 45p in the last couple of days from highs of 524p a share just twelve months ago.

The freefall began following the board at SCi Entertainment announcing that they were no longer looking for a buyout of the firm, and was compounded with news that Tomb Raider: Underworld had been pushed back from a summer release to a Christmas release.

Global Chief Financial Officer Phil Rogers has taken over as CEO, with North American CFO Malcolm Dunne replacing Rogers in the global position. Following the news, shares in SCi Entertainment has bounced up to 65.50p.

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	By: Anonymous Added:Sat 24th Jan 2009 18:29, Post No: 39 mnjnjmjnj
	By: SegaBoy Added:Mon 12th Jan 2009 10:19, Post No: 38 Hopefully, now they've put that particular storyline to bed, Crystal Dynamics can concentrate on evolving the franchise again.
	By: Anonymous Added:Sat 10th Jan 2009 16:43, Post No: 37 yeah, its the difficult economy thats to blame, not the god awful game play, rubbish plot and repetition of a franchise. The words horse, dead and flogging, spring to mind.
	By: Anonymous Added:Mon 08th Dec 2008 19:42, Post No: 36 i havent got it yet but i do hope that she dose find her mum not dead and i can not belive that zip has gon against her
	By: SegaBoy Added:Tue 02nd Dec 2008 11:16, Post No: 35 Piracy is not permitted on the TVG boards - please refrain.
	By: Anonymous Added:Tue 02nd Dec 2008 04:35, Post No: 34 can any one please tell me were i can get this game for a ps2. got one lined up on the net but not sure if it will work it from america a format 2 243771 help please will it work
	By: Anonymous Added:Sun 23rd Nov 2008 23:29, Post No: 33 Odd review. Anyway I've been playing Underworld for the entire weekend and it's definitely worth your money. I bought this, Left 4 Dead and Dead Space this Friday but have only played the latter 2 for about an hour combined. All my time is being spent with the lovely Lara Croft. It's how exploration really should feel.
	By: SegaBoy Added:Thu 11th Sep 2008 11:46, Post No: 32 $th August Anon - Core are no more. After the Angel of Darkness fiasco they released one forgetable game as a new studio for Capcom that sunk without a trace. They ten got into DVD games, but that didn't last long. The only thing left of them was acquired by fellow UK studio Rebellion quite a long time ago. Toby Gard is the only link between old Lara and new Lara.
	By: Anonymous Added:Tue 19th Aug 2008 14:35, Post No: 31 KURTIS:D! KURTIS LISTEN TO US! why crystal dynamic dont read forums? like this!
	By: Anonymous Added:Mon 04th Aug 2008 09:49, Post No: 30 Why can't Tomb Raider have both Core and Crystal Dynamics making games? I mean Ratchet and Clank have got 2 different developers making games: Insomniac Games(PS2 and PS3) and High Impact Games(PSP)! CORE could continue the AoD Triology and Crystal Dynamics doing Legend Triology! Doesn't anyone else agree with me? PLEASE REPLY!