Yes, Sony did own Firewalk Studios; however, the company is currently in the process of shutting down the studio.
Sony's Acquisition and Studio's Fate
Sony's ownership of Firewalk Studios commenced with its acquisition of the developer in 2023. This strategic move was reportedly aimed at bolstering Sony's push into the burgeoning live-service games market.
Key aspects of Firewalk Studios' journey under Sony include:
- Acquisition: Sony officially acquired Firewalk Studios in 2023.
- Sole Release: The studio's only game released under Sony was Concord.
- Market Performance: Concord experienced an exceptionally brief commercial period, being available for approximately two weeks before PlayStation opted to pull the title from sale.
- Current Status: Following the swift and unsuccessful market performance of Concord, Sony is now in the process of shutting down Firewalk Studios.
The rapid progression from acquisition to the shutdown of Firewalk Studios highlights the high-stakes and competitive nature of the live-service gaming industry, where market reception significantly influences the operational future of both game titles and the development studios behind them.
