{"id":1047675,"date":"2023-11-29T01:54:23","date_gmt":"2023-11-29T06:54:23","guid":{"rendered":"https:\/\/dotesports.com\/?p=1047675"},"modified":"2023-11-29T01:54:25","modified_gmt":"2023-11-29T06:54:25","slug":"timesplitters-studio-could-close-by-christmas-as-embracer-implosion-continues","status":"publish","type":"post","link":"https:\/\/dotesports.com\/general\/news\/timesplitters-studio-could-close-by-christmas-as-embracer-implosion-continues","title":{"rendered":"TimeSplitters studio could close by Christmas as Embracer implosion continues"},"content":{"rendered":"
After a month of rumor and speculation, Embracer Group CEO Lars Wingefors has reportedly confirmed a potential Dec. 11 closure date for game developer Free Radical Design. According to Video Games Chronicle<\/a> on Nov. 28, the news was shared with employees via a private company email.<\/p>
The bombshell before Christmas follows six months of uncertainty<\/a> as Embracer attempted to carry out some form of major restructuring. It has since played a catalyst in the closure of Saints Row<\/em> developer Volition and the marketed sale of Borderlands <\/em>custodians Gearbox Software. Now, it’s the turn of Free Radical to face fate.<\/p>