Factor 5’s US studio closes doors

By Stephany Nunneley, Thursday, 14 May 2009 15:18 GMT

lair

San Rafael-based Factor 5, best known for Lair and the Star Wars: Rogue Squadron series, has shut its doors, according to a post on the official website from CEO Achim Moller.

Brash Entertainment’s bankruptcy is being blamed partially for the closure, as the company had a multi-game deal with Factor 5. Because of this, “the continuation of operations have turned out too great to overcome in the current economic climate,” said Moller.

Factor 5 GmbH, based out of Cologne, is not affected by the closure, and the studio promises to reveal it’s upcoming projects over the next few months.

More over on the official site.

Via San Francisco Examiner.

Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. For more information, go here.

Comments

Headlines

Factor 5

Factor 5 GmbH

Lair

  • Former Factor 5 staff suing the bankrupt company for fraud

    A group of former staff members who worked for Factor 5 are suing the firm for fraud, claiming the founders moved assets before filing for bankruptcy. The ex-staffers claim the money was moved to avoid paying employees and that Factor 5 stopped paying employees on November 1, 2008, before letting them go “with little or […]

  • Euro PS Store for April 15, MGO beta on April 17

    SCEE just announced that the new PlayStation Store will launch in Europe on April 15. In addition, a load of new content will be made available on April 17, including the Metal Gear Online beta. From the press release: To accompany the launch, the PLAYSTATION Store will see an exciting selection of content available from […]