Tequila Works, the Spanish developer that created video games like Rimeand Gylt and revealed video games like The Horny Brutale, is auctioning off its mental property (via VGC). The studio filed for insolvency in 2024 after "extended market circumstances" made it financially-difficult to remain above water.
The video games and IP rights obtainable to bid on at public sale web site Escrapalia embody Tequila Works' first recreation Deadlight, Rime and its horror journey recreation Gylt. The corporate can also be auctioning off in-development initiatives, together with "The Historic Mariner," "Dungeon Tour" and "Brawler Crawler."
Previous to it submitting for insolvency and Tequila Works' founders stepping down, the studio launched Song of Nunu: A League of Legends Story, one of many video games on the short-lived Riot Forge publishing label. Riot introduced it was shutting down Riot Forge in January 2024. The label revealed League of Legends spin-off video games in number of totally different genres, together with turn-based RPG Ruined King, 2D motion RPGThe Mageseeker, and extra.
Again in 2022, Tencent acquired a controlling stake in Tequila Works, a connection that made sense given the Chinese language firm additionally owns Riot. Contraction throughout the video games business, the failure of Riot Forge video games to attach with a bigger viewers and Tequila Work's Gylt beginning life as a Google Stadia-exclusive all seemingly contributed to the studio's present place.
This text initially appeared on Engadget at https://www.engadget.com/gaming/the-rights-for-tequila-workss-games-are-up-for-auction-after-insolvency-filing-193627934.html?src=rss