Kylotonn
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Edge of Memories developer Midgar Studio is being liquidated
A French court has ordered the liquidation of Edge of Memories developer Midgar Studio, following an insolvency filing by its owner, Nacon. Despite efforts to find a buyer, no deal could be completed in time. Nacon and other subsidiaries like Spiders, Kylotonn, and Cyanide also filed for insolvency earlier this year due to financial issues with their parent company, Bigben Group.
STJV union strikes at Kylotonn as Nacon moves WRC license and layoffs loom
The French video game union STJV has initiated strikes at Nacon subsidiary Kylotonn, anticipating significant layoffs and a judicial reorganization. Nacon is reportedly moving the WRC license to a new studio, Grit Games, composed of former Kylotonn employees, which the union alleges is an attempt to shed unionized workers. This follows the closure of another Nacon studio, Spiders, amidst the publisher's financial difficulties.
WRC 2027 Announced, Developed by Newcomer Grit Games
Nacon has announced WRC 2027, a new rally racing game developed by its newly formed studio, Grit Games. The studio is led by veterans with extensive racing game experience, and Nacon aims to bring a fresh vision to the World Rally Championship license for the 2027-2032 cycle. Details are scarce, but the game's title suggests a release in late 2026 or 2027.
Endurance Motorsport Series Trailer Shows Off New Galeao Track
KT Racing, a studio under Kylotonn, has revealed a trailer for a new custom track called Galeao in Endurance Motorsport Series. The track, located in Brazil, was designed with input from professional racers and features challenging corners. The game will include various modes and vehicle classes, aiming to be accessible to both hardcore and casual racing fans. Endurance Motorsport Series is set for release later this year on PC, PlayStation 5, and Xbox Series X|S, though a specific release date has not yet been announced.
Nacon Connect 2026 Showcase Announced for May 17th
Nacon has announced its Nacon Connect 2026 showcase will take place on May 17th, featuring games like The Mound: Omen of Cthulhu and Hunter: The Reckoning – Deathwish. This event proceeds despite Nacon's recent filing for insolvency and ongoing financial restructuring, which has led to concerns from the French game industry union about mismanagement and its impact on studios like Cyanide Studios, Spiders, and Kylotonn.
Steelrising, GreedFall PS5 Dev Spiders Is Reportedly Soon to Close
French game studio Spiders, known for Steelrising and GreedFall, is reportedly set to close due to severe financial difficulties at its publisher, Nacon. Nacon failed to find a buyer for the studio and will initiate liquidation proceedings. Staff have been advised to update their CVs as the studio winds down operations.
Something for the Weekend – 28/03/26
This week's gaming news includes Sony increasing prices for PlayStation 5 consoles and the PlayStation Portal, Epic Games confirming over 1,000 layoffs, and four Nacon-owned studios filing for insolvency. New game announcements include STALKER 2: Cost of Hope expansion, The Expanse: Osiris Reborn, and Wyldheart.
Nintendo cuts Switch 2 production, layoffs at Epic and PlayStation, and another Saudi acquisition - Patch Notes #45
This week's Patch Notes covers significant industry news including over 1,000 layoffs at Epic Games, Savvy Games Group's $6 billion acquisition of Moonton, and Nintendo's decision to cut Switch 2 production by over 30 percent due to weak US sales. Additionally, Sony has shuttered Dark Outlaw Games, and French studios Spiders, Kylotonn, and Cyanide have filed for insolvency.
French studios Spiders, Kylotonn, and Cyanide file for insolvency
French game development studios Spiders, Kylotonn, and Cyanide have filed for insolvency. All three studios are owned by publisher Nacon, which itself filed for insolvency earlier this year after failing to meet a loan repayment.
Screen Australia hands out $1.4 million to local developers
French game development studios Spiders, Kylotonn, and Cyanide have filed for insolvency. All three studios are owned by publisher Nacon, which itself filed for insolvency earlier this year after failing to meet a loan repayment.
French studios Spiders, Kylotonn, and Cyanide file for insolvency
French game development studios Spiders, Kylotonn, and Cyanide have filed for insolvency. The news comes as a significant blow to the French game development industry, with the future of these studios now uncertain.
Dispatch studio says don't confuse plot for narrative
French game development studios Spiders, Kylotonn, and Cyanide have filed for insolvency. All three studios are owned by publisher Nacon, which itself filed for insolvency earlier this year after failing to meet a loan repayment.
Behaviour Interactive acquires 7 Days to Die dev The Fun Pimps
Behaviour Interactive has acquired The Fun Pimps, the development studio behind the survival game 7 Days to Die. This news follows reports that Spiders, Kylotonn, and Cyanide, all owned by publisher Nacon, have filed for insolvency.
Four Nacon subsidiaries file for insolvency
Four Nacon subsidiaries, including developers Spiders, Kylotonn, Cyanide, and Nacon Tech, have filed for insolvency and commenced reorganisation proceedings in France. This follows Nacon's own court-supervised reorganisation after its majority shareholder, Bigben Interactive, failed to repay a loan.
Four Nacon-owned studios file for insolvency – Spiders, Cyanide, Kylotonn and Nacon Tech
Four Nacon subsidiary studios, including Spiders, Cyanide, and Kylotonn, have filed for insolvency as the parent company attempts to navigate a financial crisis. This move allows the studios to operate while restructuring debt and seeking financial sustainability. The crisis began when Nacon's majority stakeholder, Bigben Interactive, defaulted on a bond repayment.
French Game Industry Union Calls Out Nacon Leadership For Poor Leadership Leading to Bankruptcy
The French video game union Syndicat des Travailleureuses du Jeu Video has criticized Nacon's leadership for mismanagement, leading to the bankruptcy of the company and several of its studios, including Spiders, Cyanide, and Kylotonn. The union calls for the removal of Nacon's executive team and demands better working conditions and policies to prevent talent drain.
GreedFall and Blood Bowl Developers File for Insolvency Alongside Nacon
Nacon's development studios Cyanide and Spiders have filed for insolvency, following the publisher's own financial difficulties. Other Nacon subsidiaries, including Nacon Tech and Kylotonn, have also filed for insolvency. Insolvency means a company is unable to pay its debts, but does not necessarily mean immediate closure.
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.
Cyanide, Spiders, And Kylotonn File For Insolvency As Nacon Troubles Deepen
Nacon and its development studios Cyanide, Spiders, and Kylotonn have filed for insolvency, impacting around 320 employees. Judicial reorganization proceedings have commenced, with a potential for successful recovery.
Embattled Publisher Nacon's Three Biggest Dev Teams Are Now in Trouble Too
French publisher Nacon has filed for insolvency, and its three largest development studios, Cyanide, Spiders, and Kylotonn, along with Cyanide subsidiary Big Bad Wolf, have also filed for insolvency and been placed in receivership. This situation affects approximately 320 employees across the studios.
