In a blog post this morning, Andy Belford, the community manager at Paragon Studios announced that NCsoft was shutting down City of Heroes and closing the development studio, Paragon Studios.
"In a realignment of company focus and publishing support, NCsoft has made the decision to close Paragon Studios. Effective immediately, all development on City of Heroes will cease and we will begin preparations to sunset the world's first, and best, Super Hero MMORPG before the end of the year. As part of this, all recurring subscription billing and Paragon Market purchasing will be discontinued effective immediately. We will have more information regarding a detailed timeline for the cessation of services and what you can expect in game in the coming weeks."
The full statement can be found on the City of Heroes blog. (http://na.cityofheroes.com/en/news/news_archive/thank_you.php)
More articles about City Of Heroes