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'Hellgate: London' Studio Shut Down, IPs Revert to Investors
by Rainier on July 12, 2008 @ 5:54 a.m. PDT
Hellgate: London combines the depth of role-playing games and action of first-person titles, while offering infinite playability with randomly created levels, items, and events. The player creates a heroic character, completes quests, and battles through innumerable hordes of demons to advance through experience levels and branching skill paths. A robust, flexible skill and spell system, highly customizable appearances, and a massive variety of randomly generated equipment allow players to create their own unique hero.
While yesterday Flagship Studio confirmed some layoffs and vigorously denied any take over attempts of its diabloesque first-person RPG Hellgate: London, it turns outs that most of it was true. A legal notice sent out by Hanbitsoft's law office revealed "It is unfortunate that Flagship turned down additional investments HanbitSoft offered to make that would have allowed it to keep its doors open" has now been confirmed by Community Manager, Taylor Balbi. Mythos right reverted to Korena publisher HanbitSoft as part of an earlier investment, and Hellgate's went to Comerica, due to some loan agreement.