💨 Abstract

Sony is shutting down Bluepoint Games, the studio behind remakes of "Shadow of the Colossus" and "Demon's Souls," resulting in over 70 job losses. The gaming industry faces challenges including a memory crisis, increased competition from gambling and porn, and rising development costs. Sony's PlayStation CEO, Hermen Hulst, cited these factors in an email announcing the closure.

Courtesy: GameCentral