Xbox is closing down Hellblade creator Ninja Theory.

Web Desk
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Staffers were told on a call on Monday about the closure, but they are hoping the studio will find a buyer. The closure comes as “several” Xbox studios at Microsoft, including Compulsion Games and Double Fine, are in “active negotiations” about spinning off, Bloomberg analysiss. . Xbox is closing down Ninja Theory, the studio behind the Hellblade series, a source tells The Verge.
The closure and negotiations follow Xbox CEO Asha Sharma and chief content officer Matt Booty warning last week of a “reset” at Xbox, laying out several challenges facing Xbox’s business – including that it had “over extended” with its studio system and the hardware c …
Read the full story at The Verge.

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