Gothic, Elex II Dev Piranha Bytes Addresses Studio Closure Rumors: 'Don't Write Us Off Yet'

Last week, the internet began to speculate that Gothic and Elex II developer Piranha Bytes was being shut down after fans noticed the studio's website was essentially defunct. Many speculated Piranha Bytes was another casualty in owner Embracer Group's purge of studios that began last year after a planned $2 billion deal with Saudi Arabia-backed Savvy Games Group fell through in 2023. Studio closures at the hands of Embracer include Saints Row developer Volition Gamesandreformed TeamSplitters te...