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Grin closes its doors

By on August 13, 2009

Swedish developer Grin has gone bust.

On its website, the company ascribed its woes to “too many publishers [which] have been delaying their payments, causing an unbearable cashflow situation.”

Grin is best known for Ghost Recon Advanced Warfighter and Bionic Commando.

Grin is believed to have had over 200 staff before it laid off approximately 50% in May this year. Twenty-five former Grin employees have already launched new development house Outbreak Studios.

About Nicholas Lovell

Nicholas is the founder of Gamesbrief, a blog dedicated to the business of games. It aims to be informative, authoritative and above all helpful to developers grappling with business strategy. He is the author of a growing list of books about making money in the games industry and other digital media, including How to Publish a Game and Design Rules for Free-to-Play Games, and Penguin-published title The Curve: