Arkane Lyon exploring paths to avoid shutdown, Jason Schreier reports

Arkane Lyon is exploring multiple paths to remain operational, according to Jason Schreier. The studio entered consultation in July after Xbox announced mass layoffs. Reports say the studio may have until November 13 to find a buyer.

Schreier says it is unlikely the studio will be shut down because closing a French game studio is very expensive due to labor laws and required severance periods. Xbox reportedly does not want to take on those costs.

The studio is developing Marvel’s Blade, which reports say is "pretty far along" with a potential launch next year. While the game is reportedly nearing a reveal, Xbox has been unwilling to pay for additional development time.