Overview
- Studio head Greg Street announced the planned closure on Nov. 17 in a LinkedIn post.
- The team had spent weeks seeking a new publisher after NetEase cut support in October.
- Street said there remains a narrow chance to secure funding after that date, contingent on how much of the team stays together.
- Fantastic Pixel Castle had been building an original fantasy MMO codenamed Ghost that has not released.
- Street framed the situation within broader pullbacks, noting NetEase’s recent retreats from external studios and the market’s caution toward large MMOs.