Monumental Games is no more, selling off all its intellectual property, office supplies and tech. Developreports the Nottingham UK studio, developer of the MotoGP series, currently has "several parties interested in buying" the remains of the studio. It will be fully dissolved by the end of the year.
Monumental's final operating business was its Prime engine, which apparently didn't gain traction. Last month the company fired its remaining staff, after attempts to restructure since December 2010. Back then it committed massive cuts to the staff when an unannounced project for a major publisher didn't work out.
Source: http://i.joystiq.com/2012/02/16/monumental-games-ends/
My prediction threads:
Wii U will sell under 40m units (made on 14th September 2012)
PS Vita will sell under 20m units (made on 30th September 2012)
Wii U will sell under 7m in 2013 - I was right
