Overview
- Japan’s Official Gazette listed Nagoshi Studio as dissolved, confirming the company’s closure announced in this week’s corporate filings.
- Employees were told earlier this year that NetEase planned to stop financing the studio after estimating the project required about ¥7 billion more to reach completion.
- The studio’s debut title, Gang of Dragon, which was publicly announced and features actor Ma Dong-seok, is now left in limbo with its future availability unconfirmed.
- The shutdown is the latest in a string of NetEase-related cutbacks that have led to other closures, splits and funding losses at studios worldwide.
- Former staff face layoffs and negotiations over assets and branding, and the industry will be watching whether Nagoshi’s team or the game can secure new backers or continue independently.