Hob PS4 PlayStation 4 1

Torchlight developer Runic Games has been shuttered by parent company Perfect World Entertainment – and there’s a pun in there somewhere which probably isn’t appropriate to use. Anyway, the studio most recently released the likeable – but, ultimately, overlooked – Hob on the PlayStation 4. It is, however, no more.

“I'm sorry to say that today will be Runic's last day open,” wrote boss Marsh Lefler on the firm’s website. “It's been over nine years since a rag-tag team of 17 developers helped open Runic Games. We've been so lucky for the community that has supported us and made us successful.” The studio is aiding its staff while they seek alternative employment.

In a statement sent to Kotaku, Perfect World Entertainment said that the decision to close the developer was “part of [its] continued strategy to focus on online games as a service”. Now where have we heard that one before, folks? Naturally, our thoughts go out to all of those who find themselves out of work.

[via runicgames.com, kotaku.com]