
Kotaku Writes:
Earlier we posted rumors that Factor 5 laid off half its staff. Now comes word the whole studio just closed. I guess everyone's answer to the economy is just to give up.
This one still gets the rumor tag because there's no name on the source. But says IGN's Matt Casamassina over on their boards (subscription required):
(Casamassina) [I w]as hoping the rumors weren't true. Contacted Julian over at F5 to shed some light, but he didn't get back to me. Got an e-mail from an inside source tonight:
"Hi Matt,
How have you been? Haven't seen you guys since E3. I hope that you're doing well!
[Redacted] wanted me to contact you with some late breaking news. We just learned from inside sources that developer Factor 5 has officially closed their doors as of today. That's some pretty big news considering that those guys have been around for quite a while. It's definitely a real shame! I hope that this information is helpful to you. Take care, and please say hi to Bozon for me."
And another one bites the dust. Since everyone's strategy is to fire their way back to full health, may I make a simple request? Please adjust the fiscal quarters ahead by one month. Like daylight savings time for Wall Street or something. That way, 500,000 people won't be getting fired right before Christmas, they can get pink slipped in January and not have their holidays ruined. At least give us that.

Microsoft announced its financial results for Q3 of fiscal year 2026, including an update on its gaming Xbox business and more.
Not looking good. Hopefully Asha Sharma is able to turn Phil’s disaster around.
To me it's still quite remarkable how they can cash-in 5.3bn in revenue in a single quarter, since their hardware is basically dead.

Thanks to the slip-up of an artist working on the title, we now have more evidence that a new Injustice game is in the works.

Spiders: "We're going to cut straight to the chase so you're not left wondering: After a long period without clear answers, we have received confirmation that Spiders is being liquidated.
What does it mean? This means the company as a whole no longer exists. We'll cease our functions immediately. The planned DLC will release via Nacon, and then-- well, that's it.
We're sorry that it's come to this and would like to thank each and every one of you for your support over the years.
If you have any questions or run into issues with your games, please contact Nacon directly as we'll no longer be able to reply."
I thought Sony owned Factor 5.Thats a shame.Even though I hated Lair,I enjoyed Rogue Squadron on the Gamecube
This is not a good week, look Haze and Lair were weak yes. I was still looking forward for them to make future titles that can redeem themselves. I was hoping for that Kid Icarus for sure, man. It's interesting how game sales are at the highest point ever even in the recession, and this is sadly happening.
They made Lair right? If so, no wonder they closed, that was a TERRIBLE game. I tried the demo, it was so boring, bland and retarded I couldn't stand it. But I feel bad for these guys, that's truly terrible.
looking at their back catalog of games it is really surprising they came this far
they don't seem to have ever developed anything really special
Another company taken out by high development cost and low sales of PS3 games..