Earlier this year, it was revealed that Don’t Nod is in a lot of trouble, with Tencent pulling funding for the studio. The developer behind the original Life is Strange has been looking for a new publisher ever since, but with no new financial backers stepping up, the studio itself has admitted it could be months away from closure.
The latest grim update on the present, and potential future, of Don’t Nod comes from the developer’s own financial report, as spotted by Instant Gaming News. A table near the top of the report shows that both revenue and total operating revenue are significantly down versus last year, pinning the blame on a “challenging marketing environment”.
It’s a note later on in the report that will be the most concerning for fans of Don’t Nod’s games. It confirms that based on available cash, “the company's ability to continue operations depends partly on securing external financing to cover business operation and project development needs.”
“This represents material uncertainty regarding the company's ability to continue as a going concern beyond January 31, 2027,” the report reads. That means, based on Don’t Nod’s current financial state, if the studio doesn’t find someone to fund...
