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The studio behind Life is Strange, Jusant, and Lost Records: Bloom & Rage is desperately struggling to stay afloat

Don't Nod, the studio behind Life is Strange and Jusant, is facing severe financial difficulties and has entered "safeguard proceedings" to buy time. Despite critical acclaim for games like Jusant and Banishers: Ghosts of New Eden, sales have fallen "well below expectations," leading to layoffs and the postponement of new projects. CEO Oskar Guilbert cited the challenging financing environment in the videogame industry as a major factor.

Article tone: Very negative
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