Nacon, the French publisher behind titles like Styx: Blades of Greed and GreedFall 2, has officially filed for insolvency. The move comes hot on the heels of their majority shareholder Bigben Interactive’s failure to make a critical bond loan repayment, which triggered a financial domino effect. Despite the grim news, Nacon insists it’s pushing to keep its studios firing and preserve jobs, all while negotiating with creditors in a "calm and constructive framework."
The publisher’s decision, detailed in a recent press release, means it’s kicking off a judicial reorganization process. This procedure is designed to freeze existing liabilities for up to 18 months, giving Nacon breathing room to come up with a viable recovery plan. What’s at stake? The future of several notable projects, including the highly anticipated full 1.0 release of GreedFall 2: The Dying World slated for March 12, and their upcoming showcase event, Nacon Connect, scheduled for March 4.
Interestingly, this insolvency filing follows shortly after the release of Styx: Blades of Greed, which snagged solid reviews, and just weeks after Nacon reacquired the WRC license to develop new World Rally Championship games starting in 2027. This all makes the timing feel especially chaotic, like watching a stealth game where the publisher suddenly trips over its own shoelaces. But Nacon remains optimistic about surviving this financial cliffhanger.
The company’s public statement emphasizes that the insolvency is not the end, but rather a chance to "assess all possible solutions to ensure sustainability under the best possible conditions." That includes protecting employees and preserving jobs, a reassuring note given the ongoing turbulence. Of course, insolvency can be a slippery slope, and the court’s verdict in early March will be a crucial moment for the company’s fate.
If you want to get a sneak peek at what Nacon still has up its sleeve, check out the teaser for the upcoming Nacon Connect presentation on YouTube here. It promises reveals from games like Cthulhu: The Cosmic Abyss, The Mound, Edge of Memories, and Endurance Motorsport Series, all projects that now hang in the balance alongside the publisher’s financial future.
For now, Nacon’s share price remains suspended following the debt woes of Bigben Interactive, adding another layer of suspense to the story. As gamers and industry watchers, we’ll be keeping a close eye on how this French publisher navigates its financial restructuring and what it means for the lineup of games we’re eager to play. It’s a reminder that behind every game we enjoy, there’s a high-stakes business drama unfolding.
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