Original Neverwinter Nights devStormfront Studios is closing down, due to failure to secure publishing deals for new projects.
A company rep explained the reason for the closure to CVG cousin Next-Gen: "Frankly, we didn't get pitched, and the project [we were working on] made no revenue."
The rep added, "The economy is such that the projects that we weren't winning, ended." The 33 employees at Stormfront learned of the news on Monday.
Stormfront has been around for nearly 20 years, having most recently worked on movie tie-ins Spiderwick Chronicles, Eragon and The Lord of the Rings: The Two Towers. It's also the developer behind the original Neverwinter Nights in the late 80s, as well as Stronghold, Blood Wake and others.
The rep said that neither Daglow nor any other employees have disclosed future plans, as the news is "still quite fresh."