More on Planet Moon Studios' situation
Earlier today we reported that developer Planet Moon Studios had been acquired by BigPoint. As it turns out the press release issued by BigPoint didn't have all of the details of what happened to Planet Moon. GameSpot received a statement from the developer's CEO Aaron Loeb which shed some light on what is going on.In short, Loeb said that Planet Moon was working on an unnamed project for unnamed companies. However he said, " ... the project went into financial default during the holidays." As a result Planet Moon is owed a lot of money, according to Loeb, and that the company is taking legal action "against several parties." BigPoint has stepped in to give jobs to 37 Planet Moon employees, with the company's blessing, but BigPoint has not actually bought the studio. It's unclear how many people, besides Loeb, officially remain at Planet Moon at this time. It's also unclear if any of the now former Planet Moon employees will return if the company finds the money to continue operations.

A San Fransisco-based studio that started out as a PC game developer has now been acquired by a browser-based PC game publisher. 

