GreedFall developer Spiders has confirmed that it is shutting down and will cease operations immediately. The gaming industry has been experiencing a lot of woes in recent years, with numerous studios being shut down or losing large amounts of talent due to layoffs. The reasons for this vary case by case, but most of the major gaming giants have been impacted on some level. Unfortunately, even some of the smaller studios are also being hit.
Spiders is a French video game developer that has been around since 2008. The studio was able to find its niche in helping port titles to Xbox 360, but eventually began making its own original titles in the 2010s. The team is best known for its work on the RPG series GreedFall and operated in the “AA” space, a term often used for mid-budget titles. GreedFall found success and sold over 2 million copies in its first three years, prompting Spiders to develop a sequel, which entered early access in 2024 and saw a full release last month.
Just weeks prior to the game’s release, Spiders’ parent company, Nacon, filed for insolvency and attempted to sell Spiders to a different company. Unfortunately, a buyer couldn’t be found, and as a result, Spiders will shut its doors for good immediately. The company took to its X page to announce its closure and provide an update on what will happen with GreedFall: The Dying World’s DLC.
“After a long period without clear answers, we have received confirmation that Spiders is being liquidated,” reads the statement. “What does it mean? This means the company as a whole no longer exists. We’ll cease our functions immediately. The planned DLC will release via Nacon, and then– well, that’s it. We’re sorry that it’s come to this and would like to thank each and every one of you for your support over the years. If you have any questions or run into issues with your games, please contact Nacon directly as we’ll no longer be able to reply.”
It’s unclear if any of Spiders’ IP or assets will be sold off or used by Nacon in other ways. It seems relatively unlikely, given Spiders doesn’t own any other major or notable franchises, and GreedFall: The Dying World was also met with a mixed reception from fans and critics.
Cade Onder is a freelancer for IGN’s news team. He covers all things entertainment, including gaming, film, and more. You can find him on Twitter @Cade_Onder.
