Telltale Games, the developer who popularized episodic games with titles such as The Walking Dead and Tales from the Borderlands, look to be closing its doors.
The shocking news comes from a report via Gamasutra after some of the studio’s developers stated the narrative-known studio is shutting down. Little is known as to why the studio is shutting down, but the story is developing.
Telltale is in the midst of The Walking Dead‘s final season of content, so this news has come at a total shock to the industry. The developer has confirmed that it will keep a skeleton crew of about 25 employees to finish off the project, with the remaining 225 laid off.
Telltale had also recently confirmed new episodic narratives taking place in the Stranger Things universe as well as a second season of The Wolf Among Us. As of today, the aforementioned titles are effectively cancelled.
The developer went through restructuring earlier this year, but signs of foreclosure were not known until today. Some staff were laid off last November, and its previous CEO, Kevin Bruner, filed a lawsuit in June for recovery of damages.
While no official confirmation of the shutdown has been revealed, a layoff of 90% of staff and a cancellation of all long-term projects is not a good sign. Whether this shutdown will be impacting Telltale Publishing remains to be seen also.