From Jason Schreier:
Sony Group Corp. is shutting down Bluepoint Games, the PlayStation subsidiary responsible for developing remakes of video games such as Demon’s Souls.
Roughly 70 employees will lose their jobs amid the studio closure, a PlayStation spokesperson said, writing in a statement that the decision was made “following a recent business review.” Bluepoint will officially shutter next month.
“Bluepoint Games is an incredibly talented team and their technical expertise has delivered exceptional experiences for the PlayStation community,” the spokesperson said. “We thank them for their passion, creativity and craftmanship."
Schreier is reporting that the studio was working on pitching a new game after Sony canceled a live-service God of War game last year.
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Apart from Demon's Souls, Bluepoint developed remastered game collections for Ico & Shadow of the Colossus, Metal Gear Solid, and Uncharted. It also remastered Gravity Rush and remade Shadow of the Colossus.