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NetEase Cuts Ties with MMO Studio Amid Market Challenges

10/12/2025

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Summary

Story summary

NetEase ended its partnership with studio Fantastic Pixel Castle, led by Greg Street, formed in November 2023 to develop a triple-A MMO called 'Ghost'.
Street announced the closure on LinkedIn, saying the team could face redundancy without a new publisher or investor.
NetEase expressed support for the studio's search for partners amid challenging market conditions.
NetEase has previously shut down other studios and projects due to changes in business priorities.

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Story summary

NetEase ended its partnership with studio Fantastic Pixel Castle, led by Greg Street, formed in November 2023 to develop a triple-A MMO called 'Ghost'.
Street announced the closure on LinkedIn, saying the team could face redundancy without a new publisher or investor.
NetEase expressed support for the studio's search for partners amid challenging market conditions.
NetEase has previously shut down other studios and projects due to changes in business priorities.