Greedfall and Steelrising maker Spiders having to close its doors after its parent company Nacon reportedly failed to find a buyer for the studio can seem like just a really unfortunate breakdown for the French studios from an external view when looking at the last few months. But that's not the case, at least according to French union Syndicat des Travailleureuses du Jeu Vidéo (STJV), who claim that the shutdown has less to do with the recent insolvency filings and more to do with alleged willful mismanagement. "Spiders' liquidation has been ordered on April 29. In a few weeks, the […]

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Yesterday, we reported on a claim that Spiders, the studio behind the Greedfall series and Steelrising, would be shutting down "soon" after it filed for insolvency last month. The shutdown was allegedly a result of its parent company Nacon being unable to find a buyer for the studio after the insolvency filing. Today, Spiders finally spoke out via its official X (formerly Twitter) account, and while it didn't confirm anything about the failed sale, it did confirm that yes, "Spiders is being liquidated." The studio's statement began with an apology for the team's silence over the last couple of months, […]

Read full article at https://wccftech.com/greedfall-makers-spiders-confirms-shut-down-nacon/

Greedfall developer Spiders will reportedly shut down "soon" after it filed for insolvency last month, as its parent company Nacon seemingly fails to find a buyer for the studio. After Nacon itself filed for insolvency due to financial issues with its major investor, it was reportedly looking to sell off two of its subsidiaries, Spiders and the motion capture studio, Nacon Tech. Now, according to a report from Origami, the publisher has been unable to find a buyer for Spiders, and the studio that has survived for nearly two decades after its founding in 2008 will have to close its […]

Read full article at https://wccftech.com/greedfall-developer-spiders-will-reportedly-shut-down-soon-after-nacon-insolvency-filing/

French publisher Nacon is looking to sell two of its subsidiary studios, Spiders, the team behind Greedfall and Steelrising, and motion capture studio Nacon Tech, according to a new report from Origami. The news comes just days after Spiders, along with other Nacon studios Cyanide and Kylotonn, were placed under receivership, and all three, along with Nacon Tech, filed for insolvency. All of this is the result of what happened at the end of February 2025, when Nacon itself filed for insolvency, after its majority shareholder, Bigben Interactive, saw its refinancing agreement it had reached in November 2025 fall through […]

Read full article at https://wccftech.com/nacon-looking-to-sell-greedfall-developer-spiders-after-filing-for-insolvency/