BREAKING: PlayStation is shutting down Bluepoint Games, the studio responsible for modern remakes of classic games such as Demon's Souls and Shadow of the Colossus, Bloomberg News has learned.
A shocking end for a well-respected studio.
Bluepoint was working on a God of War live-service game until it was canceled early last year. The studio then spent the last year pitching and trying to determine what it would do next.
A few years back when Sony purchased Bungie, they stated they wanted to focus more on live service games. I think they wanted to release 10 live service games over 10 years. That means they need a variety of their studios working on them, even if it isn't their specialization. This is definitely a Sony decision and a stupid one at that.