Nagoshi Studio officially closes after NetEase funding cut
TL;DR
Nagoshi Studio dissolved on October 31 after NetEase allegedly decided to cut funding for its debut game, Gang of Dragon (Kanpo).
Nagoshi Studio has officially closed. Japan’s Official Gazette Kanpo confirmed the studio faced closure following a shareholders' resolution on October 31. The Tokyo-based developer was founded in 2021 by Yakuza creator Toshihiro Nagoshi.
Gang of Dragon · official art via IGDBThe studio was developing an action game titled Gang of Dragon starring actor Ma Dong-seok. A previous report says employees were told in March that NetEase intended to cut funding for the project. NetEase reportedly made this decision because the game required an additional ¥7 billion ($44.4 million) to reach completion.
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Via VGTimes ↗ · Also from Video Games Chronicle ↗ · Other coverage: Wccftech ↗, Push Square ↗
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