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Microsoft Shutters Lionhead Studios

In March of this year, Microsoft pulled the plug on Fable Legends and announced a "proposed closure" of their award-winning developer Lionhead Studios.The released Microsoft statement reads: "We can confirm that after much consideration over the six-week consultation period with Lionhead employees, we have reached the decision to close Lionhead Studios.

Disney closes down production of Disney Infinity

Having dealt with a massive fall in figures last year, a decision to cease production of the game has been made.Writing today on the Disney Interactive blog, John Blackburn, GM of Disney Infinity, says: By now you may have heard the news that we have made the difficult decision to discontinue production of Disney Infinity.

GameStop Set to Close 150 Locations This Year

A new financial report of GameStop’s holiday sales figures just released this past Thursday, and the underwhelming revenue generated during that time has moved the retail chain to close down about 150 of its stores across the globe.The news of these closures isn’t far removed from the recent public address the company gave about the questionable working conditions that their “Circle of Life” program fostered after initial news of its existence was broken by Kotaku.