Schreier: Firewalk Studios is being shut down (Official and Neon Koi is being shut down)

[Tober]

The NEW CEO thing. Herman just got the job, so he can make this decision.

If he was CEO during the aquisition, to write-off this kind of investment would cost him the job. Now Herman thinks 'not going to have this hanging around my neck going forward, so cut as soon as possible'.