Editing Imagic (section)

==Decline==
Although Imagic grew quickly in its early years, it was irreparably harmed by the [[video game crash of 1983]]. It released 24 games before going out of business by 1986, but the exact time it disbanded is unknown. In 1983, the company laid off 40 of their 170 employees<ref>{{Cite news |date=September 17, 1983 |title=Imagic Layoffs |url=https://www.nytimes.com/1983/09/17/business/imagic-layoffs.html |page=34 |newspaper=[[The New York Times]]}}</ref> but appeared at the 1984 [[Consumer Electronics Show]] with plans for four [[IBM PCjr]] games.<ref name="cook19840306">{{Cite news |last=Cook |first=Karen |date=1984-03-06 |title=Jr. Sneaks PC into Home |url=https://books.google.com/books?id=ZhoP0KRkQe4C&pg=PA35 |access-date=24 October 2013 |work=[[PC Magazine]] |pages=35 |via=[[Google Books]]}}</ref> The rights to Imagic's most popular titles have been owned by [[Activision]] since the late 1980s,{{Citation needed|date=May 2017}} and they have been re-released on several occasions.