Sony Closes Firewalk Studios After Concord's Disastrous Launch

The closure follows the failure of the $400 million game Concord, which struggled in a competitive market.

Firewalk Studios, acquired by Sony in 2023, is shutting down after the Concord game failed to meet expectations.
Concord, a hero shooter, launched in August 2024 and was taken offline just two weeks later due to poor sales and reviews.
The game faced tough competition from established titles like Overwatch 2 and struggled with a lack of unique appeal.
Sony is also closing Neon Koi to focus on projects aligned with PlayStation's global reach and standards.
Sony plans to reassign affected employees within its global network of studios where possible.