Paladin Studios, the event firm maybe greatest 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 did not land sufficient work to cowl our burn-rate.” So as 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’ve got closed the studio.
For nearly 19 years, we’ve got 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 have been 45 folks, each one among them an excellent thoughts and type coronary heart, and collectively they really created magic. We additionally labored with unbelievable companions akin 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.
Nonetheless, over the previous months, we sadly did not 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 choice that will have probably brought about insolvency. We now have 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 help employees – all abilities are right here, and these individuals are among the many most interesting within the business.
Our present video games will keep alive, and we intend to maintain offering (technical) help for them sooner or later.
We wish to thank the staff, our companions, and our fellow business colleagues for all the nice occasions. It actually was a wild journey, 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 Perpetually, Wonderful Katamari Damacy, and Minimize the Rope Remastered.