Overview

• Studio head Rich Vogel confirmed the closure on September 1 after signaling on August 26 that the partnership with NetEase was ending.
• T‑Minus Zero built a fully playable demo that drew interest, but Vogel said current market conditions blocked additional financing.
• The team, founded in 2023 by veterans from BioWare and Bethesda, had been developing a third‑person online multiplayer sci‑fi action game.
• NetEase said it made a difficult decision after reassessing business priorities and is working with the team to provide support and explore next steps.
• The shutdown aligns with NetEase’s broader pullback from some Western investments reported earlier this year, including splits with Worlds Untold and Jar of Sparks and U.S. layoffs tied to Marvel Rivals.