Volition, the renowned studio behind the beloved Saints Row series, has announced its immediate closure. The decision comes as a result of a company-wide restructuring at its parent company, Embracer Group. In a statement released by Volition, they explained that the closure was a part of Embracer’s efforts to solidify its position as a leader in the video game industry. Volition’s employees will be provided with assistance to ensure a smooth transition during this difficult period. The studio also expressed gratitude to its fans for their continuous support.
Volition has a rich history in the gaming industry, dating back to its establishment in 1993 as Parallax Software Corporation. After a split within the original team, Volition emerged as an independent entity. In 2000, the studio was acquired by THQ, a major player in the industry at the time. However, following THQ’s bankruptcy in 2012, Volition was purchased by Koch Media, later known as Plaion, a subsidiary of Embracer Group.
Aside from their iconic Saints Row franchise, Volition has also contributed to other successful game series, including the Descent games and the Red Faction franchise. While their most recent release, the 2022 reboot of Saints Row, received mixed reviews, it is worth mentioning that PlayStation Plus subscribers can access the game for free in September.
The closure of Volition is not an isolated event but rather part of Embracer Group’s larger restructuring plan. Reports had previously indicated that studio closures and layoffs were imminent. The company had been pursuing a $2 billion investment opportunity, but unfortunately, it fell through at the last minute. This setback occurred despite Embracer’s continuous expansion, including multiple acquisitions like Eidos, Square Enix Montreal, and Lord of the Rings and The Hobbit rights.
In a surprising turn of events, it was recently revealed that the potential investor behind the failed $2 billion deal was the Saudi government-funded Savvy Games Group. This unexpected partnership would have brought significant financial resources to Embracer Group. However, without disclosing specific details, the deal ultimately collapsed, causing Embracer Group to reevaluate its operations, resulting in Volition’s closure.
The closure of Volition marks the end of an era for the studio and leaves a void in the gaming industry. Over the years, they have cultivated a dedicated fanbase and consistently delivered innovative and entertaining experiences. The impact of their work, particularly the Saints Row series, cannot be understated.
Fans of Volition and the Saints Row franchise will undoubtedly be disappointed by this news. The studio’s closure raises questions about the future of the series and whether another studio will take up the mantle to continue the beloved franchise. Only time will tell if Volition’s closure is a mere bump in the road or a definitive end for the iconic Saints Row series.
As the gaming industry continues to evolve and adapt, closures and restructurings like Volition’s are unfortunate but not uncommon. Studios rise and fall, but the passion and creativity behind these projects will endure. It is essential to recognize the countless individuals who poured their hearts and souls into creating unforgettable gaming experiences and to celebrate their contributions to the medium.
In conclusion, the closure of Volition, the studio responsible for the beloved Saints Row series, comes as a result of a restructuring plan at its parent company, Embracer Group. This decision highlights the challenges that gaming studios face in an ever-changing industry. While it is a time of uncertainty for Volition and its employees, their impact and legacy will forever be remembered by fans and the gaming community.