Why Exactly Did Telltale Games FAIL As a Studio?
1,657How did such a giant, award winning studio go from successful to bankrupt in a few short years? It comes down to 3 main things, so let's dive into the rise and fall of Telltale Games!
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Telltale Games employees were surprised when CEO Pete Hawley announced the closure of the company at a staff-wide meeting. One employee, a source told Kotaku, had been working until 3 AM the night before with no inkling that the studio was about to let them and over 200 other employees go, leaving behind a skeleton crew of 25 to finish off work on a final project (Minecraft: Story Mode according to Variety).
The suddenness of the meeting at the company’s San Rafael, California headquarters was described to Kotaku by a former employee who was there but wanted to remain anonymous as they pursue looking for work elsewhere in the video game industry. The timing was just one of the meeting’s unwelcome surprises. The head of human resources dropped another bombshell, to the audible shock of Telltale employees: there would be no severance. They closed because of expensive costs to run the company, royalties to maybe IP holders, and the fact that fans kept burning out on projects that all looked and played the same.