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Anime News

KID Corp Declares Bankruptcy
Date: 12/3/2006
H-Game maker Kid Corp, the creators of the Memories Off series of games, ceased operations on November 30 and filed for bankruptcy protection December 1st. The company was founded in 1988, and primarily focused on developing romance-themed games such as "Ever17," and in 2006 released Playstation 2 titles at a quick pace of at least 1 title per month, but due to factors such as the popularity of portable gaming devices, sales never picked up and their cash flow dried up. Thanks Desty.
Source: Mainichi Shimbun