So what do you think?! is it fake or it's for real?
Update : Sadly turned out it's REAL!
https://twitter.com/telltalegames/status/1043252010999410689

The official Telltale Games Twitter account has confirmed the studio's closure in a tweet with a statement from CEO Pete Hawley, who issued the following:
"It's been an incredibly difficult year for Telltale as we worked to set the company on a new course. Unfortunately, we ran out of time trying to get there. We released some of our best content this year and received a tremendous amount of positive feedback, but ultimately, that did not translate to sales. With a heavy heart, we watch our friends leave today to spread our brand of storytelling across the games industry."

The tweet also confirms that a small group of 25 employees are staying on to fulfill the company's obligations to its board and partners, and will issue comments regarding its product portfolio in the next few weeks.

http://www.gamasutra.com/view/news/327085/Report_The_Walking_Dead_developer_Telltale_Games_closing_down.php

Update 2 : Thanks to "KillingArts", here is a petition that might help to save the final season of WD :

https://www.change.org/p/netflix-save-the-walking-dead-the-final-season

5 years ago*

Comment has been collapsed.

Closing - will be removed from Steam?

5 years ago
Permalink

Comment has been collapsed.

TWD Final Season was already purchase disabled, because right now it's not assured that episodes 3 and 4 will be released.
Other than that: nobody knows. TTG might sell the games to another publisher or not, the games might get removed directly after an official bankruptcy or only after their licensing will expire.

5 years ago
Permalink

Comment has been collapsed.

At this stage, I am just hoping the 225 that was removed get what they deserve, they were overworked before they were removed, its really a scum move to squeeze every bit out of them and left them with nothing. Is it the result of bad management by the previous CEO? Perhaps as they were bleeding and result in his removal.

However, the new management gone on to announce new titles, project and use of a new engine. Weren't they at that point shooting themselves in the foot or carrying too much load when you are thin? That maybe to attract more investors, the reason I read that result in the closure was an undisclosed investor pulled out. Was it a result of confrontation with the current management? Well, I would if I see the situation 1st hand at how they had been handling all these issues.

Although, I did not follow their twitters, there is quite a few of the previous employees coming out with sadness and regret how the projects they were working on or had worked before just came to a halt. There are also several reveals so if you are interested you can search for them.

Best wishes for the remaining 25 to get anything till the end. <3

5 years ago
Permalink

Comment has been collapsed.

people bomb final season of walking dead with negative reviews and dev keep silence for more than a week.
If telltate need money why not make a sale somewhere (GmG, Fanatical. Humble, Gamersgate, Steam)? meh developer

5 years ago
Permalink

Comment has been collapsed.

At this stage if the reason behind the closure is indeed bankruptcy then it is out of the hands of the company. In the first place, I believe its a scum move to throw everything under the bus and file for bankruptcy. Either they were foolishly thinking that the final season's sale will pull the company out of the ditch or they plan the move so the management do not need to be responsible. Pretty much what Trump did to his businesses. The employees are the one that suffered greatly here, salary, time sink and emotional distress.

I do hope there will be a resolution that is favorable to the employees of past and present. Cheers, Cruse~

5 years ago
Permalink

Comment has been collapsed.

I noticed full price drop for the most of their games.

5 years ago
Permalink

Comment has been collapsed.

The tweet also confirms that a small group of 25 employees

Looks like all 25 today also lost their job.
https://twitter.com/anameformyself/status/1047930803634630657

5 years ago
Permalink

Comment has been collapsed.

Apparently there are still some people left, but this woman's whole team was fired.

5 years ago
Permalink

Comment has been collapsed.

We’re SO happy to announce that we’ve reached a deal with @telltalegames that will allow Skybound to continue #TheWalkingDead: The Final Season! Let’s wrap up Clem’s story right! More details to come soon.

https://twitter.com/skyboundgames/status/1048735364452634626

5 years ago
Permalink

Comment has been collapsed.

That's great news! :D Thanks for the information!

5 years ago
Permalink

Comment has been collapsed.

Oh, that's good news! Yay! :)

5 years ago
Permalink

Comment has been collapsed.

Pretty sad there is no news on the Official twitter(where I get my news) after its reported the original creator is picking up to finish the game.
Is Fault in the downfall of TellTale lies in the previous CEO or Current Management? I am leaning towards the latter.
Cheers, Cruse~

5 years ago
Permalink

Comment has been collapsed.

Sign in through Steam to add a comment.