VGCandEurogamerbroke the news earlier this afternoon, citing sources close to the studio.

Fishlabs have now confirmed the report ina social media post.

The official Fishlabs statement acknowledges this.

A close-up of Nara’s face as she pilots her spaceship in a Chorus screenshot.

It’s rumoured thatTimesplitters studio Free Radical are facing closure, whileBorderlands creators Gearbox could be sold off.

Best of luck to everybody affected.