But the company will stick around.
French studio Dontnod, best known for its action game last year, Remember Me, is entering judicial reorganization, Gamesindustry.biz has confirmed. This confirmation comes straight from the CEO of the company, Oskar Guilbert, following rumors and reports this morning that the studio had filed for bankruptcy.
“There are some rumours about the bankruptcy of Dontnod. There is no bankruptcy, Dontnod is not in bankruptcy,” he said.
“We are in something called in France ‘judicial reorganisation’ which allows us to re-adapt our production pipeline to the new situation. Because as you know we finished a game called Remember Me for Capcom which was out in June 2013, last year. This game, I think it’s important to mention, is number two in terms of downloads on PlayStation Plus in Europe, so it’s a big success on the digital side at least.”
“We started new projects and those new projects need some investment and we decided to resize the company in order to match these new needs. That’s why we needed judicial reorganisation.”
Whereas it sounds like the company did go through some kind of corporate restructuring, it is good to see that it will stick around, at least.