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Why it matters: Ninja Theory, developer of the popular Hellblade series, is being closed down by Xbox – the only hope for the studio is that a buyer will step in. According to reports, Compulsion Games, which was behind South of Midnight, and Tim Schafer's Double Fine are also fighting for their futures.
Sources have told The Verge that Ninja Theory staffers were told on a call on Monday about the closure, leaving the team looking for a buyer so operations can continue.
The news is especially surprising given that Microsoft showcased Senua, the next Hellblade game, during its Xbox Games Showcase just over a week ago. That title had been targeting a 2027 release, though its future is now unclear. Ninja Theory was one of several studios Microsoft bought in 2018 as part of a major expansion of Xbox Game Studios.
