Campfire Cabal has revealed that it is the latest studio to be shuttered by Embracer Group as part of the video game and media holding company’s comprehensive restructuring program for reducing debt. Jonas Wæver, Creative Director of Campfire Cabal, shared the news on Linkedin earlier this week, explaining that the decision had nothing to do with the quality of the studio’s work and was done “from a purely financial standpoint.” Campfire Cabal’s staff included veterans from the highly acclaimed Expeditions games (e.g., Expeditions: Rome), according to the official website.
As most of you must already be aware, the Embracer Group has recently entered restructuring. As part of this restructuring process, THQ Nordic has been told to close Campfire Cabal. This decision was not related to the work we’ve been doing at the studio but was made from a purely financial standpoint. We want to make it clear that our management and the rest of the team have not given up on Campfire Cabal yet, and neither have our friends at THQ Nordic. We are still pursuing our options for finding a good resolution to this situation, and THQ Nordic has been very supportive throughout this difficult time.
[…] this does not mean that it’s over for us as a studio. We’re extremely proud of how our team has come together to keep the Campfire burning, and of the commitment and camaraderie everyone has demonstrated since the news broke. We’d like to thank everyone who has reached out with messages of support and everyone who has taken the time to talk to us about future possibilities for Campfire Cabal.
Our friends at @THQNordic are proud to announce the foundation of @CampfireCabal. The Copenhagen-based studio formed by industry veterans will specialize in high-quality, narrative-driven RPGs. A warm welcome to all new colleagues!
— Embracer Group (@embracergroup) September 13, 2022
📰 Press release: https://t.co/00Jiwf3boC pic.twitter.com/DFfvSy8kJ9