Full Breakdown
Spiders Studio Liquidated Amid Nacon Insolvency
4/30/2026, 10:45:40 PM
Core Event: Spiders Confirms Liquidation
Spiders, the Paris-based developer of Greedfall and Steelrising, announced via social media that it is being liquidated and will cease operations. The studio said the company “no longer exists” and that its final Greedfall DLC will be released by Nacon.
Background & Context
Nacon, founded in 1981 and owned 76.7 % by the Bigben Group, filed for insolvency after its majority shareholder, Bigben Interactive, missed a partial bond-loan repayment. The filing left Nacon facing creditors and forced subsidiaries—Spiders, Kylotonn, Cyanide and Nacon Tech—to seek insolvency protection. Recent releases include *RoboCop: Rogue City* and *Test Drive Unlimited Solar Crown*.
Timeline of Key Developments
- Early 2023: Nacon files for insolvency after bond-loan default.
- Late 2023: Spiders, Kylotonn, Cyanide, Nacon Tech file for insolvency.
- March 10 2024: *Greedfall: The Dying World* releases.
- Weeks later: Spiders confirms liquidation on Twitter.
- April 2024: Final Greedfall DLC to be published by Nacon.
Data & Statistics
Bigben Group holds 76.7 % of Nacon. Four subsidiaries—Spiders, Kylotonn, Cyanide, Nacon Tech—filed for insolvency simultaneously. The cancelled project “Dark” was Spiders’ last unreleased title before liquidation.
Official Statements & Responses
Spiders’ announcement apologized for the silence, thanked supporters, and directed queries to Nacon. Nacon’s March statement, issued amid the insolvency filing, said its release schedule remained on track, expressed confidence in navigating the crisis, and noted a delayed games showcase.
Criticism & Opposition
Origami, cited by Eurogamer, called the liquidation request “merely a formality” after the Dark project’s cancellation and a shift to “CV updates and self-study sessions” instead of new development. The outlet warned Nacon’s assurances may not guarantee continued support for *Greedfall: The Dying World*.
Conflicting Reports & Gaps
Nacon claims confidence in its release slate, yet Spiders provides no details on post-launch support for *Greedfall: The Dying World*. The final DLC’s release date is unspecified, and the status of *GreedFall 2*, in its final production phase, is unclear.
Why It Matters
The closure removes a French RPG developer, shrinking Europe’s game-development ecosystem. It also raises doubts about Nacon’s financial stability and the future of franchises tied to its subsidiaries, leaving players and investors uncertain about game support and upcoming releases.
What’s Next
Nacon will publish the Greedfall DLC, though a release date is not set. Stakeholders await details on Nacon’s restructuring and any asset sales. The fate of *GreedFall 2* and other in-development titles remains unresolved.
Verbatim Quotes
- “after a long period without clear answers, we have received confirmation that Spiders is being liquidated.” — Spiders, official Twitter account
- “What does it mean? This means the company as a whole no longer exists,” — Spiders, official Twitter account
- “We’re sorry that it’s come to this and would like to thank each and every one of you for your support over the years.” — Spiders, official Twitter account
