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JoWood shuts down AquaNox developer (01/06/2005)
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JoWood set to close Massive Development after financial issues.

In an attempt to trim down costs and optimise its product portfolio, JoWood Productions has announced plans to close Massive Development, an Austrian-based developer whose titles are distributed by Koch Media in the UK, once its forthcoming title AquaNox for PS2 and Xbox is complete.

The move comes shortly after the publisher had reported a $4.8 million loss during the first quarter of 2005.

Ramzy Philip

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