Connect with us

Hi, what are you looking for?

Smart Income LibrarySmart Income Library

Tech News

Sony closes Concord studio and permanently shuts down the game

Concord illustration
Image: Sony

Sony is closing Firewalk Studios, the studio behind its PlayStation Concord game that it took offline last month after a disastrous launch. In a message to PlayStation staff, Hermen Hulst, CEO of the PlayStation studio business group, says Firewalk Studios will close alongside Neon Koi, a mobile game studio. The shutdowns will affect about 210 jobs, Bloomberg reports.

“We have spent considerable time these past few months exploring all our options,” says Hulst. “After much thought, we have determined the best path forward is to permanently sunset the game and close the studio. I want to thank all of Firewalk for their craftsmanship, creative spirit and dedication.”

Hulst says Concord didn’t hit Sony’s targets and that the PlayStation…

Continue reading…

You May Also Like

Editor's Pick

Whipsaws and losing trades are part of the process for trend-following strategies. These are expenses, and simply unavoidable. Over time, trend-following strategies will catch...

Tech News

Klipsch’s Flexus Core 300 soundbar will leverage Dirac’s room correction calibration tools. | Image: Klipsch Klipsch has announced its new Flexus Core 300 soundbar,...

Editor's Pick

So the first Fed rate cut is behind us, and we are no longer in a “higher for longer” period, but in a new...

Politics

In the final three weeks of the presidential race, former president Donald Trump and his advisers have attacked one particular foe more than three...