GRIN has announced that is shutting effectively immediately due to bankruptcy, with this coming about due to the poor sales and reception of Woolfe: The Red Hood Diaries. As a result GRIN won’t be able to develop the conclusive episode but has put the IP up for sale, meaning someone else can come and in try to salvage the platformer about Red Riding Hood and her quest for revenge.
Due to the bankruptcy Kickstarter backers of Woolfe: The Red Hood Diaries will not receive the rewards that were set aside for them. The explanation is as follows.
The crazy thing is, that we have most of the rewards ready for postage. All the backer stickers and letters of enlistment just need a stamp. All the poster sets printed, signed and ready. The artbook is ready to be printed, the soundtrack is ready for distribution, the DVD case is ready for production. But we have literally no money whatsoever to pay for stamps, let alone print the artbooks and dvd-cases.
It’s never good reporting on a studio closing down, and we wish the best to all affected.
Source: GRIN
Starman
Sad to see a developer close but Grin were pretty bad at making good games. I played a few of their efforts and they were all pants.
Forrest_01
I don’t know – Wanted Weapons of Fate was actually a pretty good romp. Bendy bullets probably did make all the difference there though.
Bionic Commando was actually pretty good too (although not as enjoyable for me as WWoF).
Starman
I played both the bionic commando’s and Terminator Salvation and they were amongst the most unpolished, buggy games I’d ever played! According to their wikipedia they had a Streets of Rage remake cancelled, that would’ve been interesting.
spacedelete
i have to be honest i thought Grin shut down years ago and thought Wanted was their last game. i’m actually shocked they lasted this long.
Sitorimon
Its always sad to see a company go under. Best of luck to them in future. I wonder how the kickstarter stuff will turn around though? People have paid for goods they won’t be getting so do they become creditors if things get sold off? I’m a bit rubbish knowledge wise in this area.