Overview
- Street announced the shutdown date in a LinkedIn post after weeks of unsuccessfully pitching publishers and investors.
- NetEase ended its first-party relationship in October, granting time to find new backing that ultimately did not materialize.
- The studio had been developing Ghost, a community-focused fantasy MMO that showed early gameplay to creators but never released.
- Leadership says its immediate priority is helping developers secure new roles as the project’s fate remains uncertain.
- Coverage links the move to NetEase’s reported pullback from overseas investments, following other closures or splits such as T-Minus Zero and separations with Worlds Untold and Jar of Sparks.