In a significant turn of events, Bad Brain Game Studios, a subsidiary of NetEase, is set to close its doors after failing to secure a new partner for its ambitious project, Midnight Riders. This announcement serves as a stark reminder of the challenges faced by game developers in an ever-evolving industry where partnerships and funding are crucial for survival. Founded in 2023 by former Ubisoft Toronto staff, Bad Brain Game Studios was part of NetEase’s expansion into the Canadian gaming market.

In a surprising turn of events, Rich Vogel, a veteran in the MMO gaming industry, has confirmed the closure of his studio T-Minus Zero Entertainment, which was recently established under the umbrella of NetEase Games. This closure highlights the challenging market conditions that many gaming studios face today, particularly when it comes to securing necessary funding for new projects. Founded just a year ago, T-Minus Zero was poised to make an impact in the gaming world, with Vogel at the helm, known for his work on iconic titles like Ultima Online and Star Wars: Galaxies.