Hellblade Developer Ninja Theory Heading Towards Closure in New Wave of Xbox Cuts, as Two Separate Agreements Collapse
Microsoft said two separate sale agreements fell through, leaving Ninja Theory in consultation over a proposed closure.
- On September 22, Xbox Chief Content Officer Matt Booty announced that Microsoft has begun consultation for a "proposed closure" of Ninja Theory after two separate agreements to sell the studio fell through.
- Microsoft allegedly planned to close or spin off Ninja Theory when revealing a new Hellblade game in June, hoping the announcement would attract investor interest to save the studio. Clearly, that strategy failed.
- The 26-year-old studio, known for the Hellblade series, is entering consultation under UK employment law. While Microsoft is working to close the team, it remains open to an agreement to rescue the company.
- While Double Fine, Compulsion Games, and Undead Labs have been sold back to management, Ninja Theory remains in limbo. Arkane is also facing potential closure, with consultation expected through year-end.
- Xbox leadership will spend time with studios over the next week before the October 6 town hall, where the All-Xbox team will reflect on progress and look ahead to one of the strongest game lineups in history.
14 Articles
14 Articles
Hellblade developer Ninja Theory heading towards closure in new wave of Xbox cuts, as two separate agreements collapse
Ninja Theory - developer of the Hellblade series of games, Enslaved: Odyssey to the West, DmC: Devil May Cry, and Heavenly Sword - is entering consultation in preperation for the studio's closure as part of today's sweeping Xbox cuts and layoffs.
Microsoft initiates the closure of Ninja Theory. Two sales deals have failed. The Hellblade developer is facing the end.
Microsoft Closing Hellblade Dev Ninja Theory After Failed Buyout Talks
Two firms considered acquisition.As part of another wave of Xbox job losses, Microsoft has confirmed it intends to shutter Hellblade studio Ninja Theory.Previously, it was thought the British team had found a buyer, just like the State of Decay 3 team Undead Labs. However, an update from Xbox executive Matt Booty revealed that talks with two separate companies surrounding an acquisition had failed.Read the full article on pushsquare.com
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