After a week of rumors, Embracer-owned studio Piranha Bytes, the developer of the Gothic, Risen, and Elex games, has acknowledged that it is in "a difficult situation" but says it's still trying to find a way forward for its next project. Should it be unable to do so, the studio will be closed.
Word of potential trouble at Piranha Bytes surfaced last week on the Elex 2 subreddit: An admin noticed the studio's next game, codenamed WIKI6 and expected to be Elex 3, had been removed from the German government's funding page.
