Starbreeze Studios have found themselves in the news recently for all of the wrong reasons. Today, that trend continues as the studio announced during it's most recent quarterly shareholder report that the company is not expected to last longer than the next 12 months if things don't change.
Following the monumental failure of Overkill's The Walking Dead, Starbreeze suffered a critical blow when Skybound pulled out of the licensing deal for the series and pulled the game from all storefronts.
While all is not necessarily lost, Starbreeze is going to have to pull off a miracle at this stage to stay above water. The studio is evaluating its options, which will most likely involve Payday, as the multiplayer heist-shooter still does relatively well for the company. Acting CEO Mikael Nermark stated, "we have a very strong asset in Payday, which is the foundation upon which we will build Starbreeze future."
Nermark went on to say "my main task is to secure financing for the company’s future operations. This involves both long-term financing we can use to build the Starbreeze of the future, but also making sure that the assets we have determined are unrelated to the core business are managed in a commercially viable way. Once this financing has been secured, we will be able to look ahead and present a more detailed strategy for the future."
It's never good to see a studio struggling, but hopefully, Starbreeze can find a way out of this troubling situation.