Insolvency
Ongoing coverage on Insolvency.
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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.
Nacon’s Cyanide Studios, Spiders, Klyotonn Have Paused Payment to Employees – Rumor
Nacon's subsidiary studios Cyanide Studios, Spiders, and Klyotonn have reportedly paused employee payments amid the publisher's insolvency proceedings. Approximately 320 developers are impacted as Nacon undergoes court-ordered restructuring. The company cited a difficult economic environment for postponing its Nacon Connect showcase.
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.
Nacon postpones game showcase after filing for insolvency
Nacon has postponed its upcoming game showcase following the company filing for insolvency. The article includes comments from users discussing various games such as Pragmata, Mega Man, Viewtiful Joe, Resident Evil, and Breath of Fire, with some expressing anticipation for Pragmata's release and others lamenting the lack of remasters for older titles.
Nacon Connect 2026 Officially Postponed
Nacon has postponed its Nacon Connect 2026 event, originally scheduled for March 4, to May due to a difficult economic environment and its recent insolvency filing. The company is focusing resources on upcoming releases and development, aiming to present its projects in the best possible way at the rescheduled event. This decision follows Nacon's filing for insolvency and request for judicial reorganization proceedings due to its majority shareholder Bigben Interactive's financial difficulties.
Nacon postpones game showcase after filing for insolvency
French publisher Nacon has postponed its annual Connect game showcase to May 2026 due to filing for insolvency. The company is focusing resources on upcoming releases and game development. This decision follows its majority shareholder, Bigben Interactive, being unable to repay a loan, leading Nacon to seek court-supervised procedures to ensure its sustainability.
Nacon Connect Moves To Later Date To Focus On Insolvency Filing | Console Creatures
Video game publisher Nacon has postponed its Nacon Connect showcase, originally scheduled for March 4, to May due to filing for insolvency. The company cited a difficult economic environment and is focusing resources on upcoming releases and game development. Nacon is known for titles such as GreedFall: The Dying World and Dragonkin: The Banished.
Nacon postpones its Nacon Connect showcase so it can concentrate on going insolvent
Nacon has postponed its Nacon Connect showcase, originally scheduled for March 4, due to filing for insolvency. The company cited a difficult economic environment and stated that resources will be refocused on upcoming releases and game development, with a new showcase planned for May. This decision follows financial difficulties experienced by its majority owner, Bigben Interactive.
Nacon Connect 2026 Delayed to May Amid "Difficult Economic Environment"
Nacon has delayed its annual Nacon Connect presentation from its original slot this month to May due to a difficult economic environment and the company's recent filing for insolvency. The company stated the delay will allow them to focus resources on upcoming releases and polishing current projects. Several games, including GreedFall: The Dying World and Terminator: Survivors, are expected to be featured when the show eventually airs.
Nacon Connect showcase delayed while they navigate insolvency crisis
French publisher Nacon has postponed its Nacon Connect showcase, originally scheduled for March 4th, to May due to an ongoing insolvency crisis. The company is seeking new financing and restructuring after its parent company, Bigben Interactive, defaulted on a bond repayment. Upcoming releases like GreedFall: The Dying World, Dragonkin: The Banished, and Cthulhu: The Cosmic Abyss are still expected to launch as planned.
Nacon Files for Insolvency: What It Means for Upcoming Games, Studios, and Players | Invision Game Community
Nacon, the publisher behind titles like RoboCop: Rogue City and GreedFall, has filed for insolvency and requested judicial reorganisation in France. While operations and ongoing game support will continue in the short term, the company's long-term future, including upcoming projects like GreedFall 2: The Dying World and Test Drive Unlimited Solar Crown, depends on a court-approved restructuring plan.
Nacon Files for Insolvency Just Days After Announcing Next Nacon Connect
Nacon, the publisher behind games like RoboCop: Rogue City and Ravenswatch, has filed for insolvency due to long investment cycles and industry transformations. The company aims to restructure its finances to ensure sustainability and protect jobs. This announcement follows the reveal of its upcoming Nacon Connect showcase, which will feature information on titles like The Mound: Omen of Cthulhu and GreedFall 2: The Dying World.
Hell is Us and Styx publisher Nacon files for insolvency
French publisher Nacon has filed for insolvency and will seek judicial reorganization to continue operations and renegotiate debts. The company, a subsidiary of Bigben Group, aims to protect its employees and jobs while restructuring. A court ruling on its request is expected in early March.
Hardware Creator And Game Publisher Nacon Files For Insolvency Due To Bigben Financial Problems
Hardware creator and game publisher Nacon has filed for insolvency due to its majority shareholder, Bigben Interactive, defaulting on a €43 million bond repayment. This financial crisis puts Nacon's operations and future at risk, despite the company's plans to continue operations and hold its Nacon Connect showcase. The situation stems from Bigben's inability to secure a credit facility and weak game sales, impacting Nacon as its primary source of income.
Styx: Blades of Greed publisher Nacon files for insolvency
French publisher Nacon has filed for insolvency after its majority shareholder, Bigben Interactive, failed to repay a €43 million loan. The company aims to protect employees and jobs by renegotiating with creditors under court supervision. Nacon is also involved in a patent infringement case with Nintendo and has a partnership to develop future World Rally Championship games.
Styx: Blades of Greed and Hell is Us publisher Nacon files for insolvency
French video game publisher Nacon has filed for insolvency after its majority shareholder, Bigben Interactive, failed to repay a bond loan. The company is seeking judicial reorganization to renegotiate debts and ensure its operational continuity. Nacon is known for publishing titles such as Styx: Blades of Greed and Hell is Us.
Styx Blades of Greed publishers Nacon file for insolvency, will "assess all possible solutions" to "protect employees and "preserve jobs"
French publisher Nacon has filed for insolvency proceedings to protect its employees and jobs while renegotiating with creditors. The company cited issues with its majority shareholder, Bigben Interactive, being unable to repay a bond loan. Nacon aims to implement a financial restructuring to ensure its continued operation and develop a viable continuation plan.
