Amid mass layoffs at Xbox and studio closures elsewhere, more bad news emerges from the ailing gaming industry, as Midgar, the Nacon-owned studio behind Edge of Eternity, a turn-based JRPG adventure game, has officially announced that it would be shutting down. Earlier this year, Nacon also shut down Spiders, the studio behind GreedFall, for similar reasons . Similarly, Nacon also went on to publish a GreedFall DLC after the studio shut down.
The closure comes as a result of a court-ordered liquidation, which follows the studio's failure to find a buyer. The announcement comes by way of a LinkedIn post by the studio's co-founder and current Nacon CTO, Jérémy Zeler-Maury, who says that "we worked until the very end to find a solution that could preserve both the company and the team," but after exhausting other alternatives, this is the only way forward.