Xbox closes Hellblade studio Ninja Theory

Xbox is shutting down Ninja Theory, the studio responsible for the Hellblade game series. Employees were informed of the closure during a Monday call, with hopes that the studio might find a buyer. This decision follows warnings from Xbox leadership about a 'reset' within the company, citing challenges such as overextending its studio system. The closure occurs amidst reports of other Xbox studios being in negotiations to spin off, indicating a significant restructuring within Microsoft's gaming division.