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1. www.reddit.com › r › worldofgothicWhat is going on at Piranha Bytes? Are they in financial ...

   www.reddit.com › r › worldofgothic

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   Piranha Bytes is on the verge of closure after 25+ years (the process has probably been running since November 2023). The reason is the drastic cost-cutting course of the Embracer Group. Any game in an early stage of development where it is unclear whether it will be profitable upon release will be canceled.

2. www.pcgamer.com › embracer-owned-elex-studioEmbracer-owned Elex studio Piranha Bytes is trying to save ...

   www.pcgamer.com › embracer-owned-elex-studio

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   Jan 22, 2024 · Piranha Bytes has now acknowledged that the situation is not good. "Yes, it's true," the studio said in a message posted today. "We, Piranha Bytes, are in a difficult situation.

   • Author: Andy Chalk

3. www.pcgamer.com › gaming-industry › embracer-hasEmbracer has reportedly closed Elex developer Piranha Bytes ...

   www.pcgamer.com › gaming-industry › embracer-has

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   Jul 8, 2024 · Piranha Bytes wasn't a "big" studio but it did have deep roots in PC gaming. Founded in 1997, its first game was the 2001 fantasy RPG Gothic, and while it wasn't a huge hit, it established Piranha ...

   • Author: Andy Chalk

4. www.techradar.com › gaming › piranha-bytes-thePiranha Bytes, the Embracer-owned developer of Gothic, Risen ...

   www.techradar.com › gaming › piranha-bytes-the

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   Jul 9, 2024 · The Embracer Group subsidiary Piranha Bytes has reportedly shut down. In January the developer told fans that it was eager “to find a partner” to ensure that its current projects would ...

5. www.destructoid.com › piranha-bytes-the-creator-ofPiranha Bytes, the creator of Gothic, Elex, and Risen, has ...

   www.destructoid.com › piranha-bytes-the-creator-of

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   Jul 8, 2024 · Piranha Bytes may be out of the picture, but a new hope is on the horizon with Pithead Studio. For those who are saddened by the apparent closure of Piranha Bytes, janky as the studio’s games ...

6. www.gamesindustry.biz › embracer-owned-studioEmbracer-owned studio Piranha Bytes has been shut down

   www.gamesindustry.biz › embracer-owned-studio

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   Jul 8, 2024 · THQ Nordic acquired German game developer Piranha Bytes – and with it, the rights to the Gothic RPG series – back in 2019. Last month, Embracer also shut down Alone in the Dark developer ...

7. People also ask

   Who owns Piranha Bytes?

   • Piranha Bytes was founded in Bochum in 1997 and bought by Phenomedia in 1999. When Phenomedia filed for insolvency in May 2002, the Piranha Bytes management bought out the studio. THQ Nordic, as part of Embracer Group, then acquired the company in May 2019. Piranha Bytes was reported to be in the process of closing since December 2023.

   Piranha Bytes - Wikipedia

   en.wikipedia.org/wiki/Piranha_Bytes

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   What happened to Piranha Bytes?

   • Piranha Bytes was founded in 1997 and developed a reputation as a maker of large, complex, janky RPGs through the Gothic, Risen, and Elex games. It was acquired by THQ Nordic, a division of the Embracer Group, in 2019 at the height of the shopping spree that turned Embracer into a genuine games industry giant.

   Embracer-owned Elex studio Piranha Bytes is trying to save itself from

   www.pcgamer.com/embracer-owned-elex-studio-piranha-bytes-is-trying-to-save-itself-from-closure-dont-write-us-off-yet/

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   Is Piranha Bytes a big studio?

   • Piranha Bytes wasn't a "big" studio but it did have deep roots in PC gaming. Founded in 1997, its first game was the 2001 fantasy RPG Gothic, and while it wasn't a huge hit, it established Piranha Bytes as a maker of ambitious Eurojank—the sort of games that tend to have small but very dedicated followings.

   Embracer has reportedly closed Elex developer Piranha Bytes as former

   www.pcgamer.com/gaming-industry/embracer-has-reportedly-closed-elex-developer-piranha-bytes-as-former-creative-director-announces-a-new-indie-studio/

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   Is Piranha Bytes facing closure?

   • German gaming site Gamestar (Google translated) then reported on multiple sources saying the studio was facing closure. Piranha Bytes has now acknowledged that the situation is not good. "Yes, it's true," the studio said in a message posted today. "We, Piranha Bytes, are in a difficult situation.

   Embracer-owned Elex studio Piranha Bytes is trying to save itself from

   www.pcgamer.com/embracer-owned-elex-studio-piranha-bytes-is-trying-to-save-itself-from-closure-dont-write-us-off-yet/

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   What happens if Piranha Bytes is unable to find a new partner?

   • Now Piranha Bytes is facing the same situation: A representative said that if the studio is unable to find a new partner for its next game or to move forward as an indie studio, it will be shut down.

   Embracer-owned Elex studio Piranha Bytes is trying to save itself from

   www.pcgamer.com/embracer-owned-elex-studio-piranha-bytes-is-trying-to-save-itself-from-closure-dont-write-us-off-yet/

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   Is Piranha Bytes ending?

   • As disappointing as this news is, it doesn’t seem like it’s the end for Piranha Bytes or its beloved properties quite yet. A remake of the original Gothic is currently in the works at THQ Nordic studio Alkimia Interactive, having been announced back in 2019.

   Piranha Bytes, the Embracer-owned developer of Gothic, Risen, and Elex

   www.techradar.com/gaming/piranha-bytes-the-embracer-owned-developer-of-gothic-risen-and-elex-has-shut-down

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8. en.wikipedia.org › wiki › Piranha_BytesPiranha Bytes - Wikipedia

   en.wikipedia.org › wiki › Piranha_Bytes

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   Piranha Bytes was founded in Bochum in 1997 and bought by Phenomedia in 1999. When Phenomedia filed for insolvency in May 2002, the Piranha Bytes management bought out the studio. THQ Nordic, as part of Embracer Group, then acquired the company in May 2019. Piranha Bytes was reported to be in the process of closing since December 2023.