Styx: Blades of Greed Publisher Nacon Files for Insolvency

Summary

Nacon, the publisher of games like Styx: Blades of Greed, has declared insolvency. The news was reported by GamesIndustry.biz.

What was announced

Nacon has filed for insolvency, indicating serious financial problems. The exact reasons for the insolvency were not detailed in the initial announcement.

Relevance for devs

• Impact on published games: Developers with games published by Nacon may face uncertainties regarding future support, updates, and distribution.
• Project funding: The insolvency may affect the funding of new projects in development with Nacon.
• Contracts and royalties: Contractual issues and royalty payments may be impacted by the insolvency process.

Impact

Nacon's situation may raise concerns in the gaming market, especially for independent studios that rely on publishers to reach the audience. The industry will be closely watching the unfolding of the insolvency process and its consequences.

Source: Original Link