Embracer Group Claims New Victim from ELEX Creators
These are difficult times for the video game industry, but it seems that Embracer Group is a machine for closing studies, this time it is at Piranha Bytes. The creators of Gothic, ELEX Or Resurrected They are closing their doors permanently after the decision of the controversial publisher.
The German studio had suffered several layoffs a few months ago, but after the failure of Embracer’s takeover attempt, they announced their permanent dismissal. This is what German media outlet GameStar claims in a press release. report which ensured the closure at the end of June and the creation of a new independent study old Piranha Bytes.
The new independent development team will be called Pinthead Studio, and will focus on smaller projects, although nothing has been revealed yet. Its founders, Bjorn Pankratz And Jennifer Pankratzshared a welcome video on Youtube.
This creative couple has not yet clarified the reasons that led to this situation, but they promise more information in successive weekly videos.We founded a new studio last Thursday called Pithead Studio“, commented the Germans.
Embracer Group continues the path of restructuring its studies and companies, giving rise to 3 different companies, among which Middle Earth Enterprises and Friends stands out. The future of this publisher is very dark, which has spent 4.5 billion dollars and still has not had any joy.
