GRIN confirms company shutdown

After twelve years in the game development business, Swedish outfit GRIN has finally buckled under sustained financial pressure and has closed its doors completely.

According to a statement from the company’s founding brothers – Bo and Ulf Andersson – the group has been forced” to shut down due to too many publishers delaying their payments”, causing an unbearable” cash flow situation.

After twelve years of hard work, employing hundreds of wonderfully talented men and women, it is over,” read the statement.

Full coverage can be found on Develop

About MCV Staff

Check Also

asd 2 [Guest post] Beyond the Disc: Why the Format Debate is Really About Consumer Choice

[Guest post] Beyond the Disc: Why the Format Debate is Really About Consumer Choice

Gaming is becoming increasingly digital. But that doesn’t mean consumer choice is disappearing with the disc. If anything, as digital becomes the default, players are becoming more demanding about how, where and on what terms they buy.