"PlayStation Shutters Studio Behind 'Concord' Video-Game Flop" - Bloomberg News
Portfolio Pulse from Benzinga Newsdesk
Sony Group Corp.'s PlayStation unit is closing Firewalk Studios, the developer of the unsuccessful game 'Concord', and Neon Koi, a mobile game studio that hasn't released any games.
October 29, 2024 | 6:48 pm
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Sony's PlayStation is closing Firewalk Studios, responsible for the failed game 'Concord', and Neon Koi, a mobile game studio with no releases.
The closure of Firewalk Studios and Neon Koi indicates a strategic shift or cost-cutting measure by Sony's PlayStation unit. The failure of 'Concord' and the lack of output from Neon Koi likely influenced this decision, potentially impacting Sony's gaming division's short-term performance.
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