The French publisher Nacon continues to face difficulties.
Styx: Blades of Greed
In a note to investors, the company reported that on March 23, 2026, four of its subsidiaries simultaneously asked a court to declare them insolvent. The teams in question are:
- Kylotonn — creators of Test Drive Unlimited Solar Crown;
- Spiders — creators of GreedFall;
- Cyanide Studio — creators of the Styx series;
- Nacon Tech — a studio specializing in motion capture.
The studios are seeking court permission to begin a procedure known as judicial reorganization. During this process, their current debt obligations are temporarily frozen, allowing the teams to calmly develop a plan to address financial issues. Sometimes, this pause can last up to a year and a half.
As added by journalist Gauthier Andres from Origami, these developments will also affect the studio Big Bad Wolf, which is currently working on Cthulhu: The Cosmic Abyss. However, Nacon’s statement does not mention it.
All of this is part of a larger process. At the end of February, Nacon itself filed a similar application, which the court has already approved. At that time, Nacon explained that it had to take such a step in light of issues faced by its largest shareholder, Bigben Interactive, which failed to make payments to bondholders.
