Neon Koi was developing a mobile action game. Firewalk Studios recently launched and quickly delisted Concord.

37 points

A dumpster fire of a situation. 8 years of development, $400 million reported budget, game shut down after 2 weeks and now the studio closed.

AAA gaming is a hot mess right now.

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18 points
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Both the development time and the budget have come in at a variety of different numbers with people refuting them, and I’ll bet several of those figures depend on how you count. The range is now somewhere between 4-10 years, and $50-$400M, which is an absurd amount of variance, but even at 4 years and $50M, it’s still probably too long and too much money to spend on a game that you don’t know is going to find a substantial audience.

EDIT: Kotaku is reporting that the acquisition was $200M and did not cover all development costs, which lends credence to that report from Colin Moriarty claiming $200M pre and then $200M post acquisition for the figure of $400M.

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2 points

Greatly appreciate the followup!

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15 points

Concord/Firewalk is gonna be a running joke for years to come

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23 points

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13 points

I guess Concord isn’t coming back as free-to-play then.

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4 points

If it did, it would have just been throwing good money after bad.

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2 points

But isn’t it featured in the list of games being given a short film via Secret Level? I kind of assumed the goal was to promote it via that episode and re-release the game around the same time.

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6 points

Nothing to say they won’t - it’s actually pretty uncommon for the studio developing a live service to be the one supporting/maintaining it long term.

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12 points

The Titanic was $200m. These mofos sank two.

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4 points

And there won’t even be a movie.

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1 point

Concord’s getting an episode on Secret Level

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9 points

I was wondering why people were leaving the offices today ask solemn. Turned out the 2 floors above me were leased by firewalk. More room for the other gaming studio we’re building out who was sub leasing them I guess.

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