Spiders, the Paris-based studio responsible for titles including GreedFall, Steelrising, and The Technomancer, has confirmed its immediate liquidation and closure. Acquired by publisher Nacon in 2019, the studio announced that 'the company as a whole no longer exists' following the publisher's insolvency proceedings initiated in late February 2026. The decision comes just six weeks after GreedFall: The Dying World exited Early Access and reached full release in March 2026.

While the original GreedFall sold one million copies and received generally favorable reviews, its prequel sequel has been cited in multiple reports as a commercial disappointment, exacerbating financial strains under Nacon's oversight. Nacon will handle the release of the remaining DLC, Peren's Black Mass, scheduled for May 14, but Spiders staff will no longer provide support. This arrangement highlights the typical post-acquisition dynamics where IP ownership persists beyond studio viability.

French union representatives have described the liquidation as a 'premeditated and deliberate choice' by Nacon management, prompting calls for a boycott of Nacon-published titles including legacy Spiders games. Community reactions on platforms like Reddit express regret over the loss of a mid-tier RPG developer, with concerns now extending to other Nacon subsidiaries such as KT Racing.

The closure exemplifies the narrowing margins for double-A studios, where even a prior hit like GreedFall offers no substantial safety net against underperformance. Nacon's ongoing showcase plans, announced shortly after the news, proceed without addressing the studio's fate. The metrics, as they invariably do, paint a clear picture of vulnerability in the mid-market segment.