Editing Phantom Entertainment (section)

=={{anchor|Company history}}History==
Infinium Labs was founded by Tim Roberts in 2002 as a private company. In January 2003 it issued a press release saying that it would soon release a "revolutionary new gaming platform" with an on-demand video-game service, delivering games through an [[online]] subscription. The press release had no specific information, but included a computer-generated [[prototype]] design. Due to the use of [[buzzwords]] and the lack of details, the product was derided nearly from the beginning<ref name="HomeLAN">{{cite web|url=http://www.homelanfed.com/index.php?id=11482 |title=Phantom Interview |author=John Callaham |date=January 20, 2003 |work=HomeLAN |access-date=February 5, 2012 |url-status=usurped |archive-url=https://web.archive.org/web/20030402120109/http://www.homelanfed.com/index.php?id=11482 |archive-date=April 2, 2003 }}</ref> by news sites such as ''[[IGN]]''<ref name="IGn2003">{{cite web |url=http://pc.ign.com/articles/383/383280p1.html |archive-url=https://web.archive.org/web/20030205103621/http://pc.ign.com/articles/383/383280p1.html |url-status=dead |archive-date=February 5, 2003 |title=Destroy Your Game Systems |author=Ivan Sulic |date=January 21, 2003 |work=IGN |access-date=February 5, 2012}}</ref> and ''[[Slashdot]]'' and in the ''[[Penny Arcade]]'' [[webcomic]].<ref name="PennyArcade1">{{cite web |url=https://www.penny-arcade.com/comic/2003/01/22/dude-whoa |title=Penny Arcade "Dude, Whoa" |author=Jerry Holkins |date=January 22, 2003 |work=Penny Arcade |access-date=February 5, 2012 |archive-date=April 3, 2014 |archive-url=https://web.archive.org/web/20140403151938/http://www.penny-arcade.com/comic/2003/01/22/dude-whoa |url-status=live }}</ref> The hardware and gaming site [[HardOCP]] researched and wrote an extensive article on the company and its operation, and was sued in turn. The Phantom placed first in ''[[Wired News]]''{{'}}s "Vaporware 2004".<ref>{{cite news|first=Leander|last=Kahney|url=https://www.wired.com/news/culture/0,1284,66195-4,00.html?tw=wn_story_page_next3 |title=Vaporware Phantom Haunts Us All|publisher=[[Wired News]]|date=January 7, 2005|access-date=May 17, 2006 |archive-url = https://web.archive.org/web/20060131063719/http://www.wired.com/news/culture/0,1284,66195-4,00.html?tw=wn_story_page_next3 <!-- Bot retrieved archive --> |archive-date = January 31, 2006}}</ref> In 2004, Infinium Labs went [[Initial public offering|public]].<ref name="PR2007"/>

Roberts left the company in summer 2005 (with millions of shares of stock) before any products had been delivered. He later rejoined as chairman of the board, but in a July 2007 press release he again resigned from the company.<ref name="PR2007">{{cite web |url=http://www.prnewswire.com/news-releases/timothy-m-roberts-resigns-as-chairman-and-director-of-phantom-entertainment-inc-52714642.html |title=Timothy M. Roberts Resigns as Chairman and Director of Phantom Entertainment, Inc |author=Infinium Labs |date=July 9, 2007 |work=Infinium Labs Press Release |access-date=February 5, 2012 |archive-date=December 20, 2011 |archive-url=https://web.archive.org/web/20111220044413/http://www.prnewswire.com/news-releases/timothy-m-roberts-resigns-as-chairman-and-director-of-phantom-entertainment-inc-52714642.html |url-status=live }}</ref> Subsequent CEOs included Kevin Bachus (who took the post in August 2005), Greg Koler (in January 2006)<ref>{{cite news | url = http://www.next-gen.biz/news/bachus-quits-infinium | archive-url = https://archive.today/20120904175340/http://www.next-gen.biz/news/bachus-quits-infinium | url-status = dead | archive-date = September 4, 2012 | title = Bachus Quits Infinium | first = Christian | last = Svensson | date = November 21, 2005 | access-date = July 23, 2006 }}</ref> and John Landino, who was appointed CEO and interim chief financial officer in July 2008.<ref>{{cite web | url = https://www.sec.gov/Archives/edgar/data/1145019/000114420408042568/v121234_8k.htm | title = SEC - Form 8k - Resignation of Greg Koler | date = July 29, 2008 | access-date = September 5, 2008 | archive-date = October 6, 2012 | archive-url = https://web.archive.org/web/20121006235836/http://www.sec.gov/Archives/edgar/data/1145019/000114420408042568/v121234_8k.htm | url-status = live }}</ref>

In September 2006 the company (which had changed its name from Infinium Labs)<ref>{{cite web | url = https://www.engadget.com/2006/07/19/infinium-changes-name-to-phantom-entertainment/ | title = Infinium changes name to Phantom Entertainment | first = Darren | last = Murph | date = July 19, 2006 | access-date = October 1, 2008 | archive-date = June 17, 2008 | archive-url = https://web.archive.org/web/20080617034027/http://www.engadget.com/2006/07/19/infinium-changes-name-to-phantom-entertainment/ | url-status = live }}</ref> promised to introduce its Phantom Lapboard product in November 2006, with a gaming service to follow in March 2007.<ref>{{cite web | url = http://www.extremetech.com/article2/0,1558,2015342,00.asp?kc=ETRSS02129TX1K0000532 | archive-url = https://web.archive.org/web/20100730091921/http://www.extremetech.com/article2/0,1558,2015342,00.asp?kc=ETRSS02129TX1K0000532 | archive-date = July 30, 2010 | title = Surprise! Phantom Delays Game Service Again | date = September 12, 2006 | access-date = October 1, 2008}}</ref> In June 2008, the company released the Lapboard.<ref>{{cite web |url=http://gadgets.boingboing.net/2008/06/24/infinium-labs-finall.html |title=Infinium Labs finally releases the Phantom Lapboard - Boing Boing |publisher=Gadgets.boingboing.net |date=June 24, 2008 |access-date=June 28, 2011 |archive-date=July 20, 2011 |archive-url=https://web.archive.org/web/20110720203747/http://gadgets.boingboing.net/2008/06/24/infinium-labs-finall.html |url-status=live }}</ref> In August 2007, Phantom Entertainment signed an agreement with ProGames Network to provide Lapboards and "game-service content" in hotels worldwide.<ref name="businesswire">{{cite web | url = http://www.businesswire.com/news/home/20070822005741/en | title = Phantom Entertainment Signs with ProGames Network to Place Phantom Lapboard and Game Service Content in Hotels Worldwide | work = BusinessWire | date = August 22, 2007 | access-date = August 23, 2007 | archive-date = June 6, 2011 | archive-url = https://web.archive.org/web/20110606051652/http://www.businesswire.com/news/home/20070822005741/en | url-status = live }}</ref>