Quote:
Originally Posted by Konda
Yeah doesn't make any sense, there must be more to it.
They mention ''legislative developments' and 'costly patent litigation' on the closure page, maybe they got issues with law enforcement or got sued and their only option was to close down to get out of it.
Very strange, they could easily have sold for a lot of money, so it must have been something pretty serious for them to just close shop out of the blue.
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This... or the head shits finally just gave up. They stopped competing years ago.
I imagine their decision to close had something to do with Flash being exterminated (soon) and the cost/hassle of properly converting everything over to HTML5.
iFriends was limping along on old ideas, old programming, and old technology (as they have since ~2007-2008). And since they waited so long, the expense of upgrading to a competitive level would have been prohibitive -- especially since they averaged only 50-60 models online at a time -- down from 2000+ a decade ago.
It's a shame that the industry's top dawg couldn't/wouldn't compete against fledgling upstarts like MFC and CB. It was clear that the game was changing. But iFriends refused (for years) to adapt.
Sad.