Iguana Entertainment Explained

Iguana Entertainment
Logo Alt:Iguana Entertainment logo
Former Name:Iguana Entertainment (1991–1999)
Acclaim Studios Austin (1999–2004)
Type:Subsidiary
Industry:Video games
Fate:Dissolved
Founded:1991 in Santa Clara, California, U.S.
Founder:Jeff Spangenberg
Hq Location City:Austin, Texas
Hq Location Country:U.S.
Parent:Acclaim Entertainment (1995–2004)

Iguana Entertainment, later known as Acclaim Studios Austin, was an American video game developer based in Austin, Texas. The company was founded in 1991 by Jeff Spangenberg, previously lead designer for Punk Development, and originally located in Santa Clara, California. Iguana found first success with Aero the Acro-Bat, moved to Austin and acquired Optimus Software (later Iguana UK) in 1993. Iguana was acquired by Acclaim Entertainment in January 1995 and received another sub-studio, Iguana West (formerly Sculptured Software) in October that year. Spangenberg was fired from his position in July 1998 and filed a lawsuit on breach of contract the following October. Iguana was rebranded Acclaim Studios Austin in May 1999, and the studio was closed down in August 2004, followed by the Chapter 7 bankruptcy of its parent in September 2004.

History

Prior to founding Iguana Entertainment, Jeff Spangenberg, a self-taught programmer who skipped college to pursue a programming career,[1] [2] served as lead designer for Punk Development, the development team of publisher RazorSoft.[3] In 1991, Spangenberg founded his own company in Santa Clara, California, and hired 20 staff, including friends of his. Initially, the company did not have a name; Jay Moon, who served as development support manager for the company, explained that Spangenberg held two pet iguanas, named Spike and Killer, wherefore the team settled on "Iguana Entertainment", with Spike and Killer serving as mascots for the company. In 1992, Several Punk Development employees joined Iguana when the partnership between Punk and RazorSoft dissolved, and Iguana hired further staff in 1993 through funding provided by publishers Sunsoft and Acclaim Entertainment.

Because of the high cost of living in the San Francisco Bay Area for Spangenberg and his employees, the company decided to move their headquarters. Their first choice was Seattle, Washington, which was also the location of Nintendo of America, but getting to know Texas' expanding technology industry, several Iguana staff traveled to Austin in May 1993 to investigate the relocation possibilities in the area. The team returned with videotape of the city's Sixth Street entertainment district. All but one employee agreed to move to Austin, and the relocation was completed shortly after. Later that year, Iguana achieved its first success with Aero the Acro-Bat and used profits generated from the game's sales to acquire Stockton-on-Tees-based[4] developer Optimus Software, which was rebranded Iguana UK.[5]

On December 21, 1994, Acclaim announced that they had agreed to acquire Iguana.[6] The deal was completed on January 4, 1995,[7] with paid in cash and additional, undisclosed payments made in stock.[8] In October 1995, Acclaim additionally acquired Salt Lake City-based Sculptured Software for in stock, which became part of Iguana under the name Iguana West in December 1997.[9] [10]

Spangenberg was fired from Iguana on July 8, 1998, and several undisclosed management changes at the studio were announced by Acclaim later the same month.[11] Additionally, the company was placed under Acclaim Studios, a new, decentralized management for Acclaim's development studios led by former Iguana employee Darrin Stubbington. In October that year, Spangenberg filed a lawsuit against Acclaim, Acclaim co-founder Greg Fischbach, and Iguana for breach of contract and fraud.[12] The suit, handled as "Jeffery Spangenberg vs. Acclaim Entertainment, Inc., Iguana Entertainment, Inc., and Gregory Fischbach", alleged that Fischbach urged Spangenberg to purchase Acclaim shares worth in February 1998, and convinced him to keep them just shortly before Spangenberg was relieved of his position, resulting in his loss of stock options. Spangenberg founded a new development company, Retro Studios, on October 1, 1999.[13]

In May 1999, Acclaim Studios announced that they would unify all development studios owned by the company under the same branding; as part of this move, Iguana, Iguana UK and Iguana West became Acclaim Studios Austin, Acclaim Studios Teesside and Acclaim Studios Salt Lake City, respectively.[14] When Acclaim's agreement with GMAC Commercial Finance, their primary lender, expired on August 20, 2004,[15] the company closed all of its facilities, including Acclaim Studios Austin, on August 27,[16] of which the Austin and New York studios saw all employees let go.[17] Acclaim itself filed for Chapter 7 bankruptcy with the United States bankruptcy court in Central Islip, New York on September 1.[18] [19]

The "Iguana Entertainment" name was reused by brothers Jason and Darren Falcus, who had founded Optimus Software in February 1988, when they created a studio of the same name in 2009.[20] That studio was acquired by and incorporated into Team17 in December 2011.

Games

As Iguana Entertainment! Year! Title! Platform(s)
1992Super High ImpactSega Genesis
1993Aero the Acro-BatSega Genesis, Super Nintendo Entertainment System
1994Zero the Kamikaze Squirrel
Aero the Acro-Bat 2
The Pirates of Dark WaterSega Genesis
NBA JamSega CD, Sega Game Gear, Sega Genesis, Super Nintendo Entertainment System
Side PocketSuper Nintendo Entertainment System
1995
NBA Jam Tournament EditionPlayStation, Sega Genesis, Super Nintendo Entertainment System
NFL Quarterback ClubSega Genesis, Super Nintendo Entertainment System
Frank Thomas Big Hurt BaseballMicrosoft Windows, PlayStation, Sega Genesis, Sega Saturn, Super Nintendo Entertainment System
NFL Quarterback Club 96Microsoft Windows, Sega Genesis, Sega Saturn, Super Nintendo Entertainment System
1996College SlamGame Boy, Microsoft Windows, PlayStation, Sega Genesis, Sega Saturn, Super Nintendo Entertainment System
NFL Quarterback Club 97PlayStation, Sega Saturn
1997All-Star Baseball '97 featuring Frank Thomas
Microsoft Windows, Nintendo 64
NFL Quarterback Club 98Nintendo 64
1998NHL Breakaway 98
All-Star Baseball 99
Iggy's Reckin' Balls
NFL Quarterback Club 99
NHL Breakaway 99
NBA Jam 99
South ParkMicrosoft Windows, Nintendo 64, PlayStation
Microsoft Windows, Nintendo 64
1999All-Star Baseball 2000Nintendo 64
As Acclaim Studios Austin! Year! Title! Platform(s)
1999Dreamcast, Microsoft Windows, Nintendo 64, PlayStation
Nintendo 64
NFL Quarterback Club 2000Nintendo 64, Dreamcast
2000Nintendo 64
2001All-Star Baseball 2002GameCube, PlayStation 2
NFL QB Club 2002
2002All-Star Baseball 2003GameCube, PlayStation 2, Xbox
GameCube, Microsoft Windows, PlayStation 2, Xbox
2003VexxGameCube, PlayStation 2, Xbox
All-Star Baseball 2004
NBA JamPlayStation 2, Xbox
2004All-Star Baseball 2005
CancelledThe Red Star
100 Bullets

Notes and References

  1. Web site: Making Games Fun Again . IGN Staff . October 19, 2000 . ign.com . August 11, 2018.
  2. Web site: A Retrospective: The Story of Retro Studios . December 17, 2004 . ign.com . August 11, 2018.
  3. Web site: Techno Cop – Hardcore Gaming 101 . www.hardcoregaming101.net . August 11, 2018.
  4. Web site: Falcus Brothers Complete 15 Years in Business – Timeline Event . spong.com . August 11, 2018.
  5. Web site: Worms Studio Team17 Amps Up Social Strategy With Iguana Acquisition . Eric . Caoili . gamasutra.com . December 13, 2011 . August 11, 2018.
  6. News: Acclaim to Buy Iguana . Bloomberg News . The New York Times . December 21, 1994 . August 11, 2018. subscription.
  7. Web site: Acclaim completes acquisition of Iguana Entertainment. . Allyne . Mills . Dan . Harnett . January 4, 1995 . . July 27, 2019 . https://web.archive.org/web/20150528014525/http://www.thefreelibrary.com/Acclaim+completes+acquisition+of+Iguana+Entertainment.-a015990023 . May 28, 2015 . dead.
  8. Web site: The End Game: How Top Developers Sold Their Studios – Part One . gamasutra.com . March 3, 2004 . August 11, 2018.
  9. Web site: Iguana Breaks the Ice . IGN Staff . 16 December 1997 . ign.com . 26 August 2018.
  10. Web site: Breaking into the Industry Vol. 5 . IGN Staff . April 1, 1999 . ign.com . August 11, 2018.
  11. Web site: Computer game-maker shifts personnel. July 30, 1998. www.bizjournals.com. 2018-12-22.
  12. Web site: Iguana founder sues after firing. Dial. Marla. October 4, 1998. www.bizjournals.com. 2018-12-22.
  13. Web site: Iguana founder goes Retro with new company. Dial. Marla. November 30, 1998. www.bizjournals.com. 2018-12-22.
  14. Web site: Acclaim Studios Evolves into a Single Worldwide Entity; Internal Development Cornerstone of Product Success. – Free Online Library . https://web.archive.org/web/20180805203403/https://www.thefreelibrary.com/Acclaim+Studios+Evolves+into+a+Single+Worldwide+Entity;+Internal...-a054615013. Business Wire. Berkshire Hathaway. August 5, 2018. May 12, 1999 . thefreelibrary.com . June 28, 2019.
  15. Web site: Acclaim's assets to go on the auction block. December 8, 2004. www.bizjournals.com. 2018-12-22.
  16. Web site: Acclaim Closes Offices . Douglass C. . Perry . August 27, 2004 . ign.com . August 11, 2018.
  17. Web site: Acclaim shutters offices, staffers ushered off premises . Curt . Feldman . August 31, 2004 . gamespot.com . August 11, 2018.
  18. Web site: Acclaim bankruptcy now official . Curt . Feldman . September 1, 2004 . gamespot.com . August 11, 2018.
  19. Web site: Gamasutra – The Art & Business of Making Games . Simon . Carless . www.gamasutra.com . September 2004 . August 11, 2018.
  20. Web site: Team17 hires Iguana Entertainment founders . gamesindustry.biz . December 13, 2011 . August 11, 2018.