GTA veteran's MindsEye studio Build a Rocket Boy enters administration

Build a Rocket Boy has filed for administration with the UK's Companies House and hired Opus Advisory Group as administrator. The move follows reports last week of further layoffs at the studio behind last June's poorly received MindsEye. For the 12 months ending 30th September, the company reported a £47.5m operating loss and a £36.2m net loss, owing creditors £61.8m.