Just six months ago Epic Games stepped in and saved what was left of Big Huge Games after the 38 Studios collapse allowing them to form Impossible Studios. That sunshine story has now taken a distinct downward turn as Epic decided to close the studio. This is a message from Epic's Tim Sweeney:
"We're closing Impossible Studios.
When former members of Big Huge Games approached Epic last year, we saw the opportunity to help a great group of people while putting them to work on a project that needed a team. It was a bold initiative and the Impossible folks made a gallant effort, but ultimately it wasn't working out for Epic.
In addition to providing Impossible Studios employees with 3 months of severance pay, we'll be giving the team the opportunity to form a new company with the Impossible Studios name and the awesome Impossibear logo.
This means that Infinity Blade: Dungeons is now on hold as we figure out the future of the project."
Infinity Blade: Dungeons is a action-RPG prequel to the Chair Entertainment developed iOS phenomenon. Remains to be seen what happens to the game now...