Gwendly Posted September 21, 2018 Share Posted September 21, 2018 (edited) http://www.gamasutra.com/view/news/327085/Report_The_Walking_Dead_developer_Telltale_Games_closing_down.php Doesn't seem officially announced yet but it does seem accurate and makes sense given they cut a massive amount of emplyees earlier this year Update: https://www.theverge.com/2018/9/21/17888162/telltale-games-layoffs-the-walking-dead Different source reporting that they are downsizing instead of shutting down. Supposedly going from 250 employees to 25. IIRC they employed close to 400 before the previous layoff of staff. Update 2: Apparently they are closing due to bankruptcy and the 25 staff that remains are just finishing S4 Walking Dead due to contractual obligations... Update 3: via Katt; https://www.brunerhouse.com/blog/2018/9/21/telltale-closure Seems definitive now; not a downsize but actual closure Edited September 21, 2018 by Gwendly Added new info/ changed title back to closure based on new link 2 Link to comment Share on other sites More sharing options...
Popular Post LuciaRosethorn Posted September 21, 2018 Popular Post Share Posted September 21, 2018 If this is true then I'll be upset, only because I wanted a Tales From The Borderlands 2. 6 Link to comment Share on other sites More sharing options...
DistantFox Posted September 21, 2018 Share Posted September 21, 2018 (edited) Whhaaaaaaaattt?!??!?! That's really upsetting :/ So they're not shutting down, just suffering from layoffs. Which still sucks. https://www.theverge.com/2018/9/21/17888162/telltale-games-layoffs-the-walking-dead Edited September 21, 2018 by OhDearGodRun Link to comment Share on other sites More sharing options...
jpgelnette2 Posted September 21, 2018 Share Posted September 21, 2018 They just recently closed a deal with Netflix so I'm not sure about this. Link to comment Share on other sites More sharing options...
angelgrievous Posted September 21, 2018 Share Posted September 21, 2018 (edited) Just layoffs, not closing. Article from The Verge: https://www.theverge.com/2018/9/21/17888162/telltale-games-layoffs-the-walking-dead "The layoffs come a few months after revelations that Telltale was a studio mired in toxic management that included employees subjected to constant overwork. Once an industry darling, working on iconic brands like Game of Thrones and Minecraft, Telltale quickly spiraled. In June, co-founder and former CEO Kevin Bruner sued the company seeking recovery of financial damages. Telltale described the suit as “meritless” and “an apparent means of extracting revenge on a company already under financial strain.” Developing... Edited September 21, 2018 by angelgrievous Link to comment Share on other sites More sharing options...
Venocide Posted September 21, 2018 Share Posted September 21, 2018 That site gives me a Error 520. I looked for another news story and this one says they've been hit with layoffs. https://www.theverge.com/2018/9/21/17888162/telltale-games-layoffs-the-walking-dead This one says it's shutting doors. So I dunno whats going on right now. https://www.vg247.com/2018/09/21/telltale-games-shutting-down-report/ Link to comment Share on other sites More sharing options...
angelgrievous Posted September 21, 2018 Share Posted September 21, 2018 OP, please change the title to Rumor: Telltale games closing door/massive layoffs... or something to that effect. Link to comment Share on other sites More sharing options...
MidnightDragon Posted September 21, 2018 Share Posted September 21, 2018 Damn shame. Link to comment Share on other sites More sharing options...
Gwendly Posted September 21, 2018 Author Share Posted September 21, 2018 I added the verge article which wasn't avaliable when I created the topic, I also updated the topic to reflect that it may not be a shutdown but just a massive layoff 1 Link to comment Share on other sites More sharing options...
MidnightDragon Posted September 21, 2018 Share Posted September 21, 2018 (edited) I hope not. Was looking forward to TWAU season 2. However, considering the quality has dipped, might be for the best. Edited September 21, 2018 by Spyro 4 Link to comment Share on other sites More sharing options...
PooPooBlast Posted September 21, 2018 Share Posted September 21, 2018 (edited) Layoffs? Plausible! Shutting down? Unlikely.. Edited September 21, 2018 by PooPooBlast Seems that I stand corrected. Link to comment Share on other sites More sharing options...
KiwamiFox Posted September 21, 2018 Share Posted September 21, 2018 https://twitter.com/LawofTD/status/1043223826941669376 "I'm told that Telltale is keeping a skeleton crew to finish The Walking Dead Final Season but The Wolf Among Us 2 and Stranger Things are effectively cancelled. Developing." Link to comment Share on other sites More sharing options...
Popular Post Katt Posted September 21, 2018 Popular Post Share Posted September 21, 2018 oh shit no, NOOOOOOOOOOOOOOOOOOO I wanted The Wolf Among Us 2 ;___; 7 Link to comment Share on other sites More sharing options...
Quink666 Posted September 21, 2018 Share Posted September 21, 2018 (edited) Don't know how this could happen really. They released games often and they always sold a decent amount. Sure its not a full 60 dollar game but i can't see how they didn't make a profit. Everyone and their mother plays Telltale games. Hopefully this doesn't effect the quality of the final TWD season. Now i will never get season 2 of GoT... What will happen to the Stranger Things project TT had with Netflix? Edited September 21, 2018 by Quink666 Link to comment Share on other sites More sharing options...
Cobby Posted September 21, 2018 Share Posted September 21, 2018 Ah well. Least I don't have to put up with the dissapointment of no TWAU2 or TftB2 cos of more TWD or Batman or some other crappy series. Link to comment Share on other sites More sharing options...
Gwendly Posted September 21, 2018 Author Share Posted September 21, 2018 The twitter source has posted several tweets about this thats interesting; here is a txt summary: "Okay, what I'm hearing from sources I trust is it's a total closure due to bankruptcy. Skeleton crew is finishing off The Walking Dead, and then the whole thing will shut. Everything else is cancelled. Only The Walking Dead is going ahead now. According to the same source, Telltale almost didn't get through Spring 2018. The Netflix deal fell apart, which was supposed to save it. The source also says they believe the publishing arm of Telltale is also done for, too. So the Stranded Deep announcement earlier today won't go ahead now. Not sure about 7 Days to Die yet. (Which doesn't mean either of those games are cancelled, just no longer published by TT) Apparently, only Minecraft: Story Mode and 7 Days to Die were making a profit. The rest was investor money and the netflix deal, which dried up. According to the source, Batman t a n k e d and was one of the worst commercial failures for Telltale. Basically, only the first season of The Walking Dead made money. Everything between that and Minecraft was a financial failure - Wolf, everything post-Season 1 of TWD, Borderlands, Game of Thrones. All failures. Source says a big difference between the layoffs last year and these: nobody's getting severance pay this time. Makes sense because it's due to bankruptcy, but... god, I hope everyone there lands on their feet. Staff were told today. As in, almost the end of the month." 2 Link to comment Share on other sites More sharing options...
SebGamer93 Posted September 21, 2018 Share Posted September 21, 2018 (edited) I really hope not. I'm a big fan of Telltale. I've played all of their games since their Sam and Max games on the PS3. But more importantly, I'm sorry for the people who are losing their jobs. Edited September 21, 2018 by SebGamer93 Link to comment Share on other sites More sharing options...
Quink666 Posted September 21, 2018 Share Posted September 21, 2018 3 minutes ago, Gwendly said: The twitter source has posted several tweets about this thats interesting; here is a txt summary: Thanks for clearing it all up. Yeah really hope everyone working there gets another job. Been layed of once, it sucks. Link to comment Share on other sites More sharing options...
Squirlruler Posted September 21, 2018 Share Posted September 21, 2018 Very sad to hear. Maybe I should have bought more of their games... lol 3 Link to comment Share on other sites More sharing options...
Wavergray Posted September 21, 2018 Share Posted September 21, 2018 If this turns out to be true, then it will just turn out to be another story of how little money most people make from working on games. Just based on the people who I've heard talking about this rumor, the thought that Telltale was never making any money must have never crossed anyone's mind. Chalk another one up to the sales culture of the video game industry right now. 2 Link to comment Share on other sites More sharing options...
angelgrievous Posted September 21, 2018 Share Posted September 21, 2018 Just now, soultaker655 said: If this turns out to be true, then it will just turn out to be another story of how little money most people make from working on games. Just based on the people who I've heard talking about this rumor, the thought that Telltale was never making any money must have never crossed anyone's mind. Chalk another one up to the sales culture of the video game industry right now. I mean, without any details we can't really know for sure. It could be a case of mishandled funds. It wouldn't be the first time some high up payed themselves too much or took to many lavish vacations and used what little else the studio had to fund whatever projects they were working on. I'm just saying it's all speculation at this point. 2 Link to comment Share on other sites More sharing options...
Venocide Posted September 21, 2018 Share Posted September 21, 2018 The Wolf Among Us Season 2 cancelled. https://www.usgamer.net/articles/report-telltale-games-shutting-down-the-wolf-among-us-2-and-stranger-things-canceled#comments Link to comment Share on other sites More sharing options...
Guest Posted September 21, 2018 Share Posted September 21, 2018 Sad days. I knew this would happen sooner or later. I mean I never bought a TT game at full price, heck I never bought one at under 80% off from PSN sales. I've only ever paid 2$ an episode. No wonder they going bankrupt. Im glad there are others that pay full price for games, if more like me this world wont have games anymore! Link to comment Share on other sites More sharing options...
Popular Post Squirlruler Posted September 21, 2018 Popular Post Share Posted September 21, 2018 Talking to a couple friends and one brought up a good point. A main issue they may have had was how they delivered their games. Doing episodic was smart in the beginning to get an influx of cash, but they should have changed their style to releasing full games instead of episodes. People have an issue with Season Passes for much the same reason as their release style. Since they are waiting for the full game to come out, they would probably wait until it goes on sale. I know I would. 11 Link to comment Share on other sites More sharing options...
Katt Posted September 21, 2018 Share Posted September 21, 2018 add this to OP: https://www.brunerhouse.com/blog/2018/9/21/telltale-closure 1 Link to comment Share on other sites More sharing options...
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