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Insurgency Developer New World Interactive Shut Down (insider-gaming.com)

submitted 9 months ago by [email protected] to c/[email protected]

16 comments fedilink hide all child comments

cross-posted from: https://sh.itjust.works/post/10438175

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[–] [email protected] 36 points 9 months ago (2 children)

Embracer has truly advanced to the Extinguisher stage. :<

[–] [email protected] 11 points 9 months ago (1 children)

So many studios shutting down in their wake, so sad to seeing them becoming EA.

[–] [email protected] 21 points 9 months ago (1 children)

that's not at all what is happening. Embracer spent ridiculous amounts of investor money to purchase every company they could. Embracer couldn't raise more money this year and needs to pay wages, embracer literally can not afford to keep the lights on in these studios.

This is just a shit show.

[–] [email protected] 3 points 9 months ago

Oh wow, what a catastrophic failure. The shitstorm those studios will need to endure.

[–] [email protected] 6 points 9 months ago (1 children)

They're repeating the thq cycle

[–] [email protected] 7 points 9 months ago (1 children)

Funnily enough, Embracer used to be an extension of THQ Nordic.

[–] [email protected] 1 points 9 months ago

Yes that's why I mentioned that, haha.