Spiders closes its doors: the end of GreedFall's developer

French game developer Spiders, best known for the GreedFall RPG series, has confirmed that the company will shut down immediately. After 18 years in the games industry, the Paris-based studio has run into insurmountable financial problems, especially following the insolvency of its parent company, Nacon.

The history of Spiders

Spiders was founded in 2008 by a group of developers who had previously worked at Monte Cristo on Silverfall. In its early years, the company focused mainly on porting titles to Xbox 360. During the 2010s, however, the studio began developing its own original titles and gained more recognition with RPGs such as Technomancer and, later, GreedFall.

Success with GreedFall

GreedFall, originally released in 2019, was a commercial success and sold more than 2 million copies in its first three years. The game was praised for its story, character development, and unique take on the RPG genre. That success led to the development of a sequel, GreedFall 2: The Dying World, which entered early access in 2024 and fully launched in early 2026. However, the sequel did not reach the same level as the original, which contributed to the challenges the studio is now facing.

Financial problems and shutdown

Trouble for Spiders began when Nacon, its parent company, filed for insolvency in April 2026. This caused major disruption within the company, and finding a buyer proved difficult. Spiders employees have voiced concerns about the studio's future and used their final weeks as an opportunity to mark the company's 18-year history.

In an official statement on its X page, Spiders said all operations would stop immediately. "This means the company as a whole no longer exists. We will cease our activities immediately," the statement read. The planned DLC for GreedFall: The Dying World will still be released through Nacon, but it remains unclear what will happen to Spiders' intellectual property beyond that.

The impact of Nacon's insolvency

Nacon's bankruptcy filing has had major consequences for Spiders. The French union Syndicat des Travailleureuses du Jeu Vidéo criticized Nacon's leadership and blamed it for recent mismanagement at Spiders. Allegations were made that Nacon's incompetence put Spiders' viability at risk. The union noted a clear lack of care for the employees and the projects they were developing.

With Spiders' closure, an era ends for many gamers who enjoyed the studio's distinctive RPG experiences. The future of GreedFall and the continued use of its IP remain uncertain, but the shutdown marks the end of a creative journey for a studio that carved out its own place in gaming.

Conclusion

Spiders' closure once again highlights the challenges many game developers face in a competitive and often unpredictable industry. It is a bleak moment for both the studio's employees and fans of its games. Gamers can only hope that the spirit of creativity and innovation lives on, despite the loss of Spiders and its iconic titles.