505 Games Shuts Down European Offices Amid Restructuring

The closures in France, Germany, and Spain follow a strategic business review by parent company Digital Bros, aiming to focus on high-quality, successful titles.

• 505 Games has closed its offices in France, Germany, and Spain as part of a broader restructuring effort initiated last year.
• The closures result from a business review conducted by Digital Bros, which announced a 30% global workforce reduction in November.
• Digital Bros plans to prioritize high-quality and long-standing successful titles, adopting a more conservative publishing approach.
• The restructuring includes a focus on sequels and new versions of previously successful games, with a limited number of new large budget productions.
• Remedy Entertainment recently reacquired the publishing rights for Control from 505 Games for €17 million.

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