Paladin Studios, the event firm maybe finest recognized for its work on Good Job, has closed its doorways.
The information was shared on its official web site. Co-founder and co-CEO Derk de Geus stated that the studio “sadly didn’t land sufficient work to cowl our burn-rate.” With a purpose to keep away from insolvency and debt whereas giving workers correct severance, the choice was made to close down the corporate.
Yesterday, our quest got here to an finish, and we now have closed the studio.
For nearly 19 years, we now have poured our hearts and souls into creating video games that make you smile. Beginning as a bootstrapped mini studio in 2005, we adopted the twists and turns of the sport business and slowly however steadily discovered our place in it. Over these years, the studio peaked at 55 folks. As of this writing we had been 45 folks, every certainly one of them an excellent thoughts and type coronary heart, and collectively they honestly created magic. We additionally labored with unimaginable companions equivalent to Nintendo, Apple Arcade, Netflix, Zeptolab, Bandai Namco, and lots of others. Final however not least, our video games are being performed by hundreds of thousands of individuals, incomes prestigious awards and bringing smiles to folks all around the world. This was a dream come true – in reality, for us, it was THE dream come true.
Nevertheless, over the previous months, we sadly didn’t land sufficient work to cowl our burn-rate. Yesterday we hit an inflection level for our monetary safety. Going additional with the present outlook would have been an irresponsible resolution that might have seemingly precipitated insolvency. We have now due to this fact taken this step to make sure a correct winding down, the place all workers are given correct severance and the studio stays debt-free.
Please attain out when you have any open vacancies for design, programming, 2D artwork, 3D artwork, manufacturing, QA, administration or assist workers – all abilities are right here, and these individuals are among the many best within the business.
Our present video games will keep alive, and we intend to maintain offering (technical) assist for them sooner or later.
We wish to thank the group, our companions, and our fellow business colleagues for all the nice occasions. It actually was a wild trip, and we wouldn’t wish to have missed it for the world.
Thanks for being a part of our journey.
Nintendo and Paladin Studios teamed up on Good Job, which got here out in 2020. The corporate’s different video games embody Momonga Pinball Adventures, My Tamagotchi Without end, Wonderful Katamari Damacy, and Minimize the Rope Remastered.