In a significant turn of events, Spanish game developer Tequila Works has officially filed for insolvency. This announcement comes directly from the studio’s general manager, Térence Mosca, who attributed the decision to challenging market conditions that have ultimately led the company to this difficult juncture.
Reflections on Achievements
Despite the circumstances, Mosca expressed a sense of pride in the studio’s journey. “Since its founding in 2009, Tequila Works’ game-development philosophy has always focused on ‘creating things with gusto’,” he noted in a statement. His transition from chief operating officer to general manager reflects the shifting landscape at the studio, particularly following the departure of its founders amid the insolvency process.
Tequila Works has garnered recognition for its innovative titles, including the critically acclaimed Rime and Gylt, as well as its publishing efforts for The Sexy Brutale. However, the studio faced challenges earlier this year, which included layoffs in October, nearly 18 months after securing substantial investment from the Chinese gaming giant Tencent.
As the situation unfolds, Mosca emphasized the studio’s commitment to supporting its teams during this turbulent period, striving to navigate the complexities of the current market landscape while honoring the creative spirit that has defined Tequila Works since its inception.
