[ x ] Enjoy HD Destructoid free this week! more info
[ x ] unlock all of destructoid
 
 

Rune Factory studio shuts down, declares bankruptcy

0

Neverland calls it quits after two decades in the business

Rune Factory developer Neverland has closed its doors, according to a statement on the company's official website.

The studio ceased operations today and announced plans to file for bankruptcy in the near future. Struggling with mounting debt, the company found itself backed into a corner after attempts to secure outside funding were unsuccessful.

Neverland was founded on May 7, 1993. Later that year, the fledgling developer's first effort, Lufia & the Fortress of Doom, landed on the Super Nintendo. Two decades afterwards, Rune Factory 4 arrived on Nintendo 3DS. The studio's swansong is reportedly the most successful entry in the franchise to date.

Though fans can take solace in knowing the series will likely live on under the aegis of publisher Marvelous AQL, our thoughts go out to the members of the development team and their families. 

Neverland [Neverland via Siliconera]

\ We've blogged about this before: read (4) back stories 

 

Enlighten an uninformed cougar: FacebookTwitterRedditEmail
 

#Industry Bull #Rune Factory #studio closure
 
 
 
 


Kyle MacGregorWeekend Editor // Profile & Disclosures
Fronts2149Posts15Blogs 57Following70Followers106

are two rules to remember if you want to have a good time. Rule #1: Never run out of Colt 45. Rule #2: Never forget Rule #1. more
Similar stories on Destructoid:
 
 


Join the robot army! We're a family-owned site, updating multiple times a day (since 2006!) thanks to our Huge Members

Madrox2
Madrox2


Since 2:03 PM on 02.21.2011

Gimmy Jibbs Senior
Gimmy Jibbs Senior


Since 8:15 PM on 10.17.2014

FATAL x6
FATAL x6


Since 10:01 AM on 12.17.2009

Hawkmoon269
Hawkmoon269


Since 2:13 AM on 09.07.2012

 

Please login (or) make a quick account (free)
to view and post comments.





Three day old threads are only visible to verified humans - this helps our small community management team stay on top of spam

Sorry for the extra step!