Tequila Works to Auction Game Rights and IP
From TwogPedia
News/Tequila Works to Auction Game Rights and IP
Drama
11 April 2025 13:27
Tequila Works, the Spanish game development studio known for titles like Rime, Gylt, and Deadlight, has started auctioning off its intellectual property (IP) and game rights after filing for insolvency in November 2024.
As reported by VGC, the studio has set up an auction page on the Escrapalia platform, where it is offering its "intangible assets" for sale. These include the rights to several of its popular games, as well as in-development projects and the studio's branding.
More:Last of Us Season 3 Confirmed
Among the assets listed are the trademarks and rights for Rime, the action-adventure puzzle game Gylt, and Tequila Works' debut title Deadlight. In addition, the auction features vertical slices for unreleased titles, including The Ancient Mariner, Dungeon Tour, and Brawler Crawler. The listing also includes Tequila Works' branding, website, and social media handles.
Tequila Works filed for insolvency last year, citing "prolonged market conditions" as the primary factor behind its financial difficulties. Just one month before the insolvency filing, the studio made the difficult decision to lay off a "small number" of its development team.
Electronic Arts (EA) is laying off between 300 and 400 employees in a significant restructuring effort, according to a report...
Drama
May 01, 2025
After a series of technical difficulties disrupted the VCT EMEA Stage 1, Riot Games has upgraded its PCs and...
Drama
May 01, 2025
In a major development in the ongoing legal battle between Epic Games and Apple, a U.S. federal court has...
Drama
May 01, 2025
Following years-long legal battle between Epic Games and Apple, Fortnite is set to return to the U.S. iOS App...
Drama
May 01, 2025
Drama
11 April 2025 13:27
Tequila Works, the Spanish game development studio known for titles like Rime, Gylt, and Deadlight, has started auctioning off its intellectual property (IP) and game rights after filing for insolvency in November 2024.
As reported by VGC, the studio has set up an auction page on the Escrapalia platform, where it is offering its "intangible assets" for sale. These include the rights to several of its popular games, as well as in-development projects and the studio's branding.
More:Last of Us Season 3 Confirmed
Among the assets listed are the trademarks and rights for Rime, the action-adventure puzzle game Gylt, and Tequila Works' debut title Deadlight. In addition, the auction features vertical slices for unreleased titles, including The Ancient Mariner, Dungeon Tour, and Brawler Crawler. The listing also includes Tequila Works' branding, website, and social media handles.
Tequila Works filed for insolvency last year, citing "prolonged market conditions" as the primary factor behind its financial difficulties. Just one month before the insolvency filing, the studio made the difficult decision to lay off a "small number" of its development team.
Electronic Arts (EA) is laying off between 300 and 400 employees in a significant restructuring effort, according to a report...
Drama
May 01, 2025
After a series of technical difficulties disrupted the VCT EMEA Stage 1, Riot Games has upgraded its PCs and...
Drama
May 01, 2025
In a major development in the ongoing legal battle between Epic Games and Apple, a U.S. federal court has...
Drama
May 01, 2025
Following years-long legal battle between Epic Games and Apple, Fortnite is set to return to the U.S. iOS App...
Drama
May 01, 2025