"Today Telltale Games made the difficult decision to begin a majority studio closure following a year marked by insurmountable challenges. A majority of the company's employees were dismissed earlier this morning, with a small group of 25 employees staying on to fulfill the company's obligations to its board and partners."
In the same statement, Telltale's CEO Pete Hawley said, "It's been an incredibly difficult year for Telltale as we worked to set the company on a new course. Unfortunately, we ran out of time trying to get there. We released some of our best content this year and received a tremendous amount of positive feedback, but ultimately, that did not translate to sales. With a heavy heart, we watch our friends leave today to spread our brand of storytelling across the games industry."
The company says it will "issue further comments regarding its product portfolio in the coming weeks".
SylenThunder is right, please don't panic.Telltale is just a publisher. They don't actually make the games. Most likely the titles will be sold off to another publisher.
Luckily im on ps4 lol Except for the occasional error when all 4 of us are playing, we've had no serious issuesWorst case, you'll always have the client you have now. (Which completely sucks if you're on an X-Box. Sorry guys.)
A realistic point of view.Worst case, you'll always have the client you have now. (Which completely sucks if you're on an X-Box. Sorry guys.)
This could definitely be part of why the update has been taking so long. The real question now is if the game gets sold off how long is the content going to be held by the next company who wants to make money off it? Dlc I smell?Worst case, you'll always have the client you have now. (Which completely sucks if you're on an X-Box. Sorry guys.)
But you also have those that have been in the dark collecting dust for a decade or more. So it goes both ways and all we can do is wait and see what happens. As far as we know the 25 people left could continue to keep things going. So until official word is passed all anyone can do right now is speculate.it doesn't really matter. publishers shut down all the time. volition and thq did and there stuff is just being made by if i remember deep silver
Saw a few tweets that give a little more insider information. Minecraft story mode and 7 days to die were the only things making money, the rest was investor money and the netflix deal which eventually dried up. Telltale's Batman tanked hard and was one of their worst commercial failures for TellTale, basically everything between the first season of The Walking Dead and Minecraft became a financial failure (which is surprising to hear considering how good "The Wolf Among Us" was).