The latest news is that Transmission Games, formerly IR Gurus, are closing up and have shed all staff.
It's been a troublesome year for the long running Melbourne game studio, beginning with milestone payment problems with publisher Red Mile over their Heroes over Europe title earlier this year. While Ubisoft has stepped in to take over the publishing duties for that title, the axing of a Red Tails movie licensed game for LucasArts as well as the failure to find interested publishers for the current games they were working on (including an arcade style helicopter game called Rotorhead) has inevitably broken Transmission Games' back. The studio had recently shed 28 staff members (a third of the company, consisting mostly of full-time coders and QA personnel) in a cost cutting effort to reduce the company's burn rate.
Although an official statement is unlikely in these circumstances, numerous sources have confirmed that Transmission Games have indeed let go of their remaining staff and went into voluntary administration today. Transmission Games was established as IR Gurus Pty Ltd in 1996, and at its height reached over 135 employees (late 2008). As one of the more larger established game studios in Melbourne, it became well known for its numerous AFL titles as well as the critically acclaimed Heroes of the Pacific aerial action game and more recently, Ashes Cricket 2009 and Heroes over Europe.