Bluepoint Games, the studio well-known for its masterful work on the Demon's Souls and Shadow of the Colossus remakes, is shutting its doors. It is a decision handed down by its parent company, Sony.

The news broke on the 20th via reports from outlets including Bloomberg. Come next month, Bluepoint Games will officially cease operations, leaving roughly 70 staff members out of a job. Many of the affected developers have already taken to LinkedIn to announce the news and start hunting for their next roles.

Founded in 2006 in Austin, Texas, Bluepoint Games built its reputation as a specialist in redeveloping classic titles for modern hardware. By meticulously remaking titles like Shadow of the Colossus and Demon's Souls, they managed to earn widespread acclaim from both the industry and players alike.

Following this success, Sony acquired the studio in October 2021, and they even contributed to the development of God of War Ragnarök. They were subsequently working on a new live-service project based on the God of War IP, but that effort was canceled in January. At the time, Sony claimed to be in talks for a new project with the team, but it seems that was the end of the road.

Addressing the closure, Sony stated, "The studio closure was decided during a recent comprehensive business review." They added, "The professionalism and craftsmanship this studio has shown provided players with wonderful experiences." It seems the broader malaise of the games industry—marked by rising development costs and economic headwinds—has finally claimed Bluepoint Games as its latest casualty.