Los Angeles - Video game developer Brash Entertainment, which had signed deals with a number of studios to create games based on big-name movies, is officially ceasing operations as of today, Variety reported.

The company had commitments to receive up to $400 million in funding, but these investors apparently bailed and the company ran out of cash.

Brash, which saw many on its executive team depart in recent months -- including co-founder Thomas Tull -- was working on games based on properties including "Superman" and "Saw."

Related Links:
http://weblogs.variety.com/the_cut_scene/2008/11/brash-officiall.html

http://snipurl.com/5hmvv (DMW previous coverage)

http://www.brashent.com