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Insurgency Developer New World Interactive Shut Down
(insider-gaming.com)
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this post was submitted on 05 Dec 2023
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Embracer has truly advanced to the Extinguisher stage. :<
So many studios shutting down in their wake, so sad to seeing them becoming EA.
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.
Oh wow, what a catastrophic failure. The shitstorm those studios will need to endure.
They're repeating the thq cycle
Funnily enough, Embracer used to be an extension of THQ Nordic.
Yes that's why I mentioned that, haha.