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French studios Spiders, Kylotonn, and Cyanide have filed for insolvency

French game development studios Spiders, Kylotonn, and Cyanide, all subsidiaries of Nacon, have filed for insolvency and requested judicial reorganization proceedings. Nacon itself previously filed for insolvency in February to restructure its debts. These proceedings allow companies to freeze liabilities and propose continuation plans to ensure business sustainability.

Article tone: Very negative
Lead image for “French studios Spiders, Kylotonn, and Cyanide have filed for insolvency”, published by gamedeveloper.com
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