ATARI Stock Price, News & Analysis

Atari has reported significant achievements in 2024, marking a successful year in implementing its retro-focused strategy. The company launched several successful titles including Mighty Morphin Power Rangers: Rita's Rewind, which reached #3 on Nintendo eShop, and The Thing: Remastered, which became Nightdive Studios' fastest-selling launch title.

The company successfully shipped the Atari 7800+ retro console in November, following the successful 2600+ console launch. Building on its 2023 acquisitions of Digital Eclipse and Nightdive Studios, Atari expanded its retro gaming expertise and IP portfolio. Notable releases included Star Wars: Dark Forces Remaster and new installments in the Gold Master series.

Strategic developments included acquiring the Intellivision brand, RollerCoaster Tycoon 3, and re-establishing the Infogrames publishing label. The company also expanded into Netflix Mobile Games and cloud gaming services.

Infogrames, an Atari subsidiary, has acquired the publishing rights to Bread & Fred from Apogee Entertainment. The co-op platformer game, developed by Sand Castles Studio, was initially released on Steam in May 2023 and later on Nintendo Switch in May 2024. Infogrames plans to expand the game to PlayStation and Xbox platforms and develop new content. The game features two penguins working together to climb a snowy mountain, gaining popularity for its unique gameplay mechanics and humor that has generated millions of views on social media. This acquisition marks the third title in Infogrames' portfolio, alongside Totally Reliable Delivery Service and Surgeon Simulator.

Atari has announced the acquisition of Transport Tycoon from creator Chris Sawyer. Released in 1994, this iconic simulation game allows players to build a transport empire during the Great Depression using various vehicles. The game received a Deluxe version in 1995 with expanded features and timeline (1950-2050). The title has been ported to multiple platforms including Mac, PlayStation, SEGA Saturn, and mobile devices. Under Atari's ownership, plans include expanding digital and physical distribution, developing new content, and exploring brand collaborations. Atari already publishes Locomotion (2004) and the RollerCoaster Tycoon franchise, both created by Sawyer.

Atari and PLAION have announced the Atari 7800+, a modern recreation of the 1986 console, set for global release in winter 2024. Priced at $129.99, the compact console features HDMI connectivity and is compatible with both Atari 2600 and 7800 game cartridges. It comes with a CX78+ Wireless Gamepad and a new game, Bentley Bear's Crystal Quest.

Alongside the console, Atari is introducing two new wireless controllers: the CX78+ Wireless Gamepad and the CX40+ Wireless Joystick, both priced at $34.99. These controllers are compatible with the new 7800+, 2600+, and original hardware.

The release includes ten new game cartridges, featuring official Atari releases of popular homebrew games and multi-game collections. Each cartridge is priced at $29.99 and includes a color-printed user manual.

Atari has announced the opening of its 2024 Summer Camp Program, an eight-week online event celebrating retro gaming and 1980s culture. The camp will run through four, two-week sessions featuring virtual field trips, high-score competitions, scavenger hunts, creative projects, and trivia. Partnerships with Codecademy, Coinbase, Nifty Island, and Rollercoaster Tycoon will offer participants unique interactive experiences. Enrollment is open to anyone via atari.com, with activities taking place on Discord, social media, and immersive partner platforms. This year's program aims to build on the success of last year's camp by providing a more robust and engaging experience.

Infogrames, a subsidiary of Atari, has acquired the popular Surgeon Simulator franchise from tinyBuild. The franchise, known for its humorous and over-the-top medical operations, has remained popular since its debut in 2013. It includes various versions like Surgeon Simulator VR and Surgeon Simulator 2: Access All Areas, which extended its reach to platforms like PC, PS4, and Nintendo Switch. This acquisition follows Infogrames' recent addition of Totally Reliable Delivery Service to its portfolio and signals a strategic move to expand its casual multiplayer game offerings. The company plans to expand distribution, develop new titles, and explore brand collaborations.

Atari has acquired the Intellivision brand and over 200 game titles from Intellivision Entertainment. This acquisition ends a long-standing rivalry between the brands, dating back to the late 1970s and early 1980s. Intellivision Entertainment will rebrand and continue developing the Amico game console, licensing Intellivision games from Atari. Atari plans to expand both digital and physical distribution of Intellivision's legacy games, and explore new titles and licensing opportunities. This move aims to bring together fans of both brands and capitalize on the nostalgia of the golden age of gaming.