TSR have decided to cut their losses and call it a day.
Thesimsresource will be closing its doors on May 31st 2011, however it has been decided that no formal warning will be given until May 25th so as not to deter subscribers.
TSR has reported heavy losses over the past year with more and more simmers turning to free sites and the booty for their CC. Fear of virus’ has also caused a large drop in visitors and Ad revenue has plummeted as a result. They cite a lack of support from EA, and added security measures employed by rival sites. There is also a shortage of FA artists after several walked out and attempts to poach new talent from the exchange failed.
The existing plans for TSR to purchase the EA Exchange and forums have been put on hold again. Originally scheduled for 31st March, the deal fell apart 2 days ago and the finalisation was put on hold until the 5th April. With the imminent closure of TSR, it is not known how this will affect the deal, or if the deal will now take place at all. EA are expected to make a BIG announcement regarding this deal on their facebook on the 5th April. This is one of the x2 announcements, the other remains unknown.
I will keep you informed of any further developments as they occur..
Update
