BREAKING: PlayStation is shutting down Bluepoint Games, the studio responsible for modern remakes of classic games such as Demon’s Souls and Shadow of the Colossus, Bloomberg News has learned.
A shocking end for a well-respected studio.
Bluepoint was working on a God of War live-service game until it was canceled early last year. The studio then spent the last year pitching and trying to determine what it would do next.
It happens all the time, but you need startup capital. And a lot of what they did is remaking games (at high quality) that they don’t own the rights to.