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Insolvency News

The latest Insolvency coverage curated for game developers.

Union claims Nacon's decision to shutter Spiders was a "premeditated and deliberate choice"

71 Spiders employees are caught in the fallout as Nacon moves to shut the studio down during its court-supervised restructuring. The union says this wasn’t just a failed rescue attempt, …

News GamesIndustry.biz · 4 months, 3 weeks ago
'The company as a whole no longer exists:' GreedFall developer Spiders confirms closure

The closure of Spiders, the studio behind GreedFall, marks a significant loss for the game development community. As part of Nacon, which has recently filed for insolvency, this closure impacts …

News Game Developer · 4 months, 3 weeks ago
Four Nacon subsidiaries file for insolvency

Nacon's recent insolvency filing impacts its four subsidiaries, including Spiders and Kylotonn, known for popular franchises. This situation raises concerns for developers in these studios, particularly regarding job security and …

News GamesIndustry.biz · 5 months, 4 weeks ago
French studios Spiders, Kylotonn, and Cyanide have filed for insolvency

The insolvency filings of French studios Spiders, Kylotonn, and Cyanide signal a troubling trend in the industry, particularly for roles tied to these studios. With Nacon, their parent company, already …

News Game Developer · 6 months ago
Nacon postpones game showcase after filing for insolvency

Nacon's recent insolvency filing has led to the postponement of its game showcase to May 2026. This decision aims to focus resources on current projects and ensure impactful future announcements. …

News GamesIndustry.biz · 6 months, 3 weeks ago
Hell is Us and Styx publisher Nacon files for insolvency

Nacon, the French publisher behind titles like Hell is Us and Styx, is filing for insolvency as it seeks to restructure its debts under court supervision. This situation could impact …

News Game Developer · 6 months, 4 weeks ago
Styx: Blades of Greed publisher Nacon files for insolvency

Nacon, the French AA publisher, has filed for insolvency after its majority shareholder failed to repay a €43 million loan. This situation raises concerns for developers involved in ongoing projects, …

News GamesIndustry.biz · 6 months, 4 weeks ago