NetEase Shuts Down Studio Focused on Fantasy MMO ‘Ghost’ After Two Years

NetEase, a major player in the gaming industry, has announced the closure of one of its studios, Fantastic Pixel Castle, just two years after its inception. The studio was working on a highly anticipated fantasy MMO codenamed ‘Ghost’.

The decision to shut down the studio came as a surprise to many, especially considering the significant investment made by NetEase in the project. According to the studio head, the closure will take effect on November 17th.

NetEase’s move to close the studio is seen as part of a larger trend in the gaming industry, where companies are facing financial challenges and restructuring their operations. The closure of Fantastic Pixel Castle marks the fifth Western studio that NetEase has shut down in recent months.

Despite the closure, there is still hope that the studio could secure funding and continue its work on ‘Ghost’. However, the future of the project remains uncertain as developers seek new opportunities in the industry.

NetEase’s decision to close Fantastic Pixel Castle has raised questions about the company’s strategy and the challenges faced by game development studios in today’s competitive market. As the gaming industry continues to evolve, it is clear that companies like NetEase will need to adapt to ensure their long-term success.