Rune Factory studio shuts down, declares bankruptcy

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Neverland calls it quits after two decades in the business

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Rune Factory developer Neverland has closed its doors, according to a statement on the company’s official website.

The studio ceased operations to🍰day and announced plans to file for bankruptcy in the near future. Struggling with mounting debt, the company found itself backed into a corner after aꦑttempts to secure outside funding were unsuccessful.

Neverland was founded on May 7, 1993. Later that year, the fledgling developer’s first effort, Lufia & the Fortress of Doom, landed on the Super Nintendo. Two decades afterwards, Rune Factory 4 arrived on Nintendo 3DS. The studio’s swansong is reportedly the most successful entry in the franchise to date.

Though fans can take solace in knowing the series will likel💃y live on under the aegis of publisher Marvelous AQL, our thoughts go out to the members o🌺f the development team and their families. 

 [Neverland via ]


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