Aug 3 (Reuters) - Video game developer Atari reported annual revenue of €56 million ($65 million) on Monday, its highest in more than a decade, as a strategy built on reviving old franchises and buying up studios pulled the Paris-based company back into profit.
Atari, the arcade and console pioneer that filed for bankruptcy protection just over a decade ago, is riding a broader industry shift toward mining back catalogues and nostalgia-driven franchises instead of costly new blockbusters, a trend it has embraced through a wave of studio and IP acquisitions over the past year.
