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NetEase Withdraws Funding from Nagoshi Studio, Threatening Closure
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8 months ago

NetEase Withdraws Funding from Nagoshi Studio, Threatening Closure

Global

News Summary

Nagoshi Studio, founded by Yakuza series creator Toshihiro Nagoshi, is facing potential closure after its primary financial backer, NetEase, announced plans to withdraw funding. The decision comes after NetEase discovered that the studio’s debut project, Gang of Dragon, requires an additional $44.4 million to complete. This announcement follows a series of strategic cutbacks by NetEase in its international game development operations. Gang of Dragon, an action-adventure game set in Tokyo and featuring actor Ma Dong-Seok, was unveiled at The Game Awards 2025. Despite the setback, Nagoshi Studio is seeking new sponsors to continue development independently, but success remains uncertain.

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