Insolvency

French video game publisher Nacon is reportedly looking to sell two of its subsidiary studios, Spiders and Nacon Tech, amidst financial turmoil. This news follows the recent insolvency filings by Nacon and several of its subsidiaries, including Cyanide and Kylotonn. As first reported by Wccftech, the situation has raised concerns about the future of beloved titles developed by Spiders, known for their work on Greedfall and Steelrising.

In a distressing update for the gaming industry, French publisher Nacon’s financial troubles have escalated significantly. As first reported by Push Square, three of its largest development studios have now entered insolvency and been placed in receivership. This new development adds to the ongoing challenges Nacon faces as it works through a complex financial restructuring process initiated earlier this year.