That's some really sad news.. Cursed Mountain was not a bad game at all but nobody knew about it.. The Gamestop I bought it at only had one copy and no pre-orders.

Looks like Cursed Mountain was their first and last chance. It's sad to see this happening because Cursed Mountain was actually pretty good...

Damn, i better go and find me a copy then.

Its a hard time to make new IPs. Darn recession and rising development costs!

Note to aspiring development houses: For your first game, don't launch a new IP in a niche genre.

I enjoyed Cursed Mountain a lot, but it really didn't have any of the ingredients of a big seller. I don't think more marketing would have done anything for it.

They must've been spending too much if their first title sunk them.
You must be prepared for anything, and that includes selling below 100,000 copies.

At least it is only 20 people though. It sucks that they are closing, but not a major tragedy.

there only a small company dude, very small company acturally.. i dont think they can worrent an ad

We are at *that* stage of the cycle... and since there won't be a new generation for a few years (at least), expect more studios to be closing. A lot of my friends were laid off when Transmission Games (aka IR Gurus/ThatGame) closed down in Melbourne.

Look at it this way: if companies like EA, Capcom, THQ, Rockstar struggle to make a profit... how the hell is a smaller dev/publisher supposed to?

Overall, the market is extremely saturated... its mainly the 'new' devices which are still profitable, and they are drying up quickly.

Only twenty people made that game, huh? That's a pretty small team. I was going to try and estimate the cost of Cursed Mountain to see how much money they lost on that game, but it is unclear when they actually started work on the game. It seems this studio started as 'Games That Matter Productions' and wasn't acquired by Deep Silver until August 2007. If we use that date, then the game was in development for two years, and probably cost around $4 million assuming the whole team was working on it. That means the project probably lost at least $2 million. If the game was in development longer, the game lost even more money.

The studio's only other announced game was an action game called Ride to Hell for the 360, PS3, and PC. I'm guessing development wasn't going well or it was a weak idea to start with, and after the poor showing of Cursed Mountain the higher ups decided to pull the plug.

That sucks for the studio and survival horror games. Also sucks that a studio making Wii games is shut down.