The legendary video game company Atari has not been doing well recently. This comes after the organization reported a loss of roughly $6 million over the past year.
Atari said that annual revenues fell because the business saw a 45% decrease in licensing revenue. These struggles can be blamed on the COVID-19 Pandemic and a “slowdown in the video game division.”
As of April 2021, the company said it is focusing on developing a gaming division. The organization is also working on creating a division that allows Atari goods to be sold via blockchain.
Atari is one of the most famous video game companies in the world. The organization was founded in Sunnyvale, California in 1987.