• bitcoinBitcoin(BTC)$84,092.000.25%
  • ethereumEthereum(ETH)$2,675.47-0.01%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$772.120.78%
  • rippleXRP(XRP)$1.532.43%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$116.551.51%
  • tronTRON(TRX)$0.338381-1.50%
  • zcashZcash(ZEC)$1,558.923.39%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.74%
  • HyperliquidHyperliquid(HYPE)$91.70-0.39%
  • dogecoinDogecoin(DOGE)$0.0952791.95%
  • moneroMonero(XMR)$563.282.04%
  • chainlinkChainlink(LINK)$13.338.14%
  • whitebitWhiteBIT Coin(WBT)$83.86-0.55%
  • USDSUSDS(USDS)$1.00-0.03%
  • cardanoCardano(ADA)$0.2480193.15%
  • RainRain(RAIN)$0.011959-2.01%
  • leo-tokenLEO Token(LEO)$8.78-1.91%
  • stellarStellar(XLM)$0.2212799.88%
  • bitcoin-cashBitcoin Cash(BCH)$337.16-1.34%
  • nearNEAR Protocol(NEAR)$4.492.12%
  • uniswapUniswap(UNI)$9.14-1.22%
  • litecoinLitecoin(LTC)$70.774.16%
  • Ethena USDeEthena USDe(USDE)$1.000.01%
  • CantonCanton(CC)$0.1156476.63%
  • daiDai(DAI)$1.000.01%
  • avalanche-2Avalanche(AVAX)$10.23-0.63%
  • USD1USD1(USD1)$1.00-0.02%
  • suiSui(SUI)$1.015.47%
  • hedera-hashgraphHedera(HBAR)$0.0923371.90%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.41-0.37%
  • shiba-inuShiba Inu(SHIB)$0.0000060.90%
  • BittensorBittensor(TAO)$296.023.56%
  • Global DollarGlobal Dollar(USDG)$1.000.00%
  • crypto-com-chainCronos(CRO)$0.0649495.33%
  • MemeCoreMemeCore(M)$1.23-1.86%
  • paypal-usdPayPal USD(PYUSD)$1.00-0.01%
  • tether-goldTether Gold(XAUT)$4,267.73-0.40%
  • OndoOndo(ONDO)$0.5325.97%
  • BitwayBitway(BTW)$0.94-13.50%
  • okbOKB(OKB)$119.720.56%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • Ripple USDRipple USD(RLUSD)$1.000.00%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.14-0.19%
  • aaveAave(AAVE)$145.445.20%
  • EthenaEthena(ENA)$0.2218347.82%
  • mantleMantle(MNT)$0.681.67%
  • MorphoMorpho(MORPHO)$2.817.85%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Sony pulls the plug on Concord and shuts down Firewalk Studios

October 29, 2024
in AI & Technology
Reading Time: 2 mins read
A A
Sony pulls the plug on Concord and shuts down Firewalk Studios
ShareShareShareShareShare

Sony has officially killed off Concord and is shuttering the studio behind the game. Concord‘s servers were taken down just two weeks after the launch of the competitive team shooter from Firewalk Studios after poor sales. Firewalk’s game director Ryan Ellis chose to move himself into a more supportive role following Concord‘s struggles, and Sony had said it would consider its options for the project. The decision is in.

“After much thought, we have determined the best path forward is to permanently sunset the game and close the studio,” Hermen Hulst of Sony Interactive Entertainment’s Studio Business Group said in a statement today. “I want to thank all of Firewalk for their craftsmanship, creative spirit and dedication.” A representative told Bloomberg News that Firewalk Studios had 172 employees who will lose their jobs.

YOU MAY ALSO LIKE

Warzone Is Adding A Button To Hide All The Goofy Skins

How These AI Glasses Compare

The online game business is brutal, and Concord may have suffered for its long development time, which meant other team shooters had already risen to prominence and defined players’ expectations. Many similar games are free to play and support themselves financially with a battle pass or seasonal model. Gamers may have balked at the $40 price tag for a new property, or maybe the genre was simply too crowded for Concord to muscle in.

Whatever the reasons, today’s news marks another difficult chapter for the game development world. Firewalk Studios is an outlier for having this level of commercial failure, but it’s still yet another closure in the industry that has seen a lot of turbulence in recent years. Layoffs and shutdowns have been a top story in gaming, but several of the recent cases have been like Firewalk, which was acquired by Sony Interactive Entertainment just last spring. Netflix abruptly shut down its AAA studio last week before the team had even announced a project. Microsoft closed three studios from the Zenimax family earlier this year. As fewer parties control a growing share of the games industry, the tolerance for experimentation and slim profit margins will likely shrink too. And this type of sudden upheaval could become all the more common.

Update, October 29, 2024, 2:52PM ET: Story updated with additional context about Concord, Firewalk Studios’ staff numbers and broader studio closure trends.

Credit: Source link

ShareTweetSendSharePin

Related Posts

Warzone Is Adding A Button To Hide All The Goofy Skins
AI & Technology

Warzone Is Adding A Button To Hide All The Goofy Skins

September 24, 2026
How These AI Glasses Compare
AI & Technology

How These AI Glasses Compare

September 24, 2026
Nintendo Wins .5 Million From Lawsuit Over Pirated Switch Games
AI & Technology

Nintendo Wins $4.5 Million From Lawsuit Over Pirated Switch Games

September 24, 2026
Congressman Calls for National Data Center Strategy
AI & Technology

Congressman Calls for National Data Center Strategy

September 24, 2026
Next Post
Elon Musk’s X blocks Khamenei’s account after Iran supreme leader’s message in Hebrew

Elon Musk's X blocks Khamenei's account after Iran supreme leader's message in Hebrew

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Ratko Mladić, ‘Butcher of Bosnia’, dies in prison

Ratko Mladić, ‘Butcher of Bosnia’, dies in prison

September 22, 2026
Embracer Group AB (publ) (EBCRY) Shareholder/Analyst Call Transcript

Embracer Group AB (publ) (EBCRY) Shareholder/Analyst Call Transcript

September 24, 2026
Doctors fill CDC guidance void with new vaccine recommendations

Doctors fill CDC guidance void with new vaccine recommendations

September 18, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!