Even if you've got some early financial backing, decades of industry experience at the top, and some super talented devs creating your new game, there's no guarantee in the current climate that you're going to succeed. It's tough right now. We've already seen plenty of studios that were spun up over the last four or five years close their doors or downsize after getting just a single game out the door - some aren't even able to achieve that before running out of cash. The latest studio to be impacted is Jar of Sparks, the studio formed in 2022 by former Microsoft veteran and Halo Infinite lead designer Jerry Hook, which is now "halting work" on its debut game and letting staff explore other opportunities.
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