Overview

• Volition, the studio behind Saints Row, was shut down in 2023 after 30 years due to high costs and lack of clear direction.
• The 2022 Saints Row reboot underperformed both critically and commercially, contributing to the studio's closure.
• Matthew Karch, Saber Interactive CEO, criticized the unsustainable budgets of games outside major franchises like Grand Theft Auto.
• Volition's intellectual properties, including Saints Row and Red Faction, remain under Plaion's management with no announced plans for continuation.
• The closure is part of Embracer Group's restructuring efforts after the collapse of a $2 billion deal with Saudi Arabia’s Savvy Games Group.