Publisher Starbreeze Studios Sells System Shock 3 Rights
The hits keep on coming for the studio after accusations of insider trading.
Late last year, there were reports that Starbreeze Studios, publishers of such games as Overkill's The Walking Dead, Payday 2, and The Darkness, were raided by local police in Sweden over suspicion of illegal insider trading. This situation, combined with the company's ongoing financial woes after having filed for reconstruction with the Stockholm District Court, painted a bleak picture of their potential future. Now it would seem that in an attempt to inject some much needed cash back into the company, Starbreeze has agreed to sell the rights to the upcoming System Shock 3 back to the developer currently working on the game, OtherSide Entertainment.
System Shock 3 is a long-awaited sequel for the franchise, a series of first-person survival horror games that were popular in the '90s. The series, particularly the second entry, has been very influential to modern day horror gaming with the BioShock games specifically regarded as spiritual successors.
Starbreeze is reported to have put as much as $12 million into the development of System Shock 3, a sum in which they are expecting to be fully reimbursed for as a result of the sale of the publishing rights.The official statement from Starbreeze regarding the sale can be read in its entirety below.[blockquote-0]
System Shock 3 has been in development since 2017, with little in the way of any updates or news. OtherSide Entertainment will likely have to continue development on their own while shopping the game around for a new publisher.
Starbreeze will continue to publish other games with its most high-profile game being another long-awaited sequel, Double Fine's Psychonauts 2. Only time will tell what the fate has in storre for both Starbreeze and System Shock 3, but we are keeping our fingers crossed that the game will still see the light of day.[relatedArticle-0]
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