Report: JoWood to shut down
After filing for bankruptcy last January, time may have run out for European game publisher JoWood. According to a report on the German language web site Boerse-Express.com, (translated by Babel Fish) JoWood has apparently not been able to bring in new investors to save the company and it looks like the publisher is going to close down.JoWood owns a lot of major game franchises including the Gothic RPG series and the Painkiller first person shooter series. It's likely that some other publisher could buy the rights to these and other Jowood game titles. JoWood also owns Canada-based Dreamcatcher Games which it acquired in 2007. It's currently unknown if the Dreamcatcher business will also shut down alongside JoWood.
[Via Game Informer]









