Certain Telltale Games Have Been Removed From Steam As The Developer Prepares to Shut Down Completely

Telltale Games is in the process of completely shutting down.

Certain Telltale games have been removed from Steam as the troubled company is in the process of completely shutting down and liquidating its assets. As reported by GameDaily.biz, Telltale Games is working with Sherwood Partners to help it through its complete shut down. In a process similar to bankruptcy, Telltale is currently going through assignment proceedings where “they were able to find someone to give them enough money for assets to pay any creditors or they had the money on the hand.”

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These assets include “physical goods, trademarks, copyrights, software, and source code.”

Richard Hoeg, an attorney from Hoeg Law, explained that this decision was made so that the next steps may proceed “in a similar manner to arbitration – rather than trial – as a way for the parties to streamline the process.” As for the former employees, post-employment health insurance (COBRA) which is mandated by law, will “end for all former eligible Telltale staff on November 30, 2018.”

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This health insurance, which the former employees are responsible for paying for but the employer is required to provide, usually lasts for 18 months. However, with the looming liquidation/selling of all Telltale’s assets, this option for the laid off employees will most likely end.

In regards to Telltale’s games being removed from Steam, only certain titles – The Walking Dead, Back to the Future and Tales of Monkey Island – have been removed, while other titles, such as Batman, Guardians of the Galaxy, Tales from the Borderlands, and Game of Thrones, are still available for purchase. This news continues the saga that followed the confirmation that Telltale Games, which was founded in 2004, would begin a majority studio closure back in September.

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While Telltale Games, who’s contribution to the games industry is often underappreciated, will be closing its doors for good soon, the final season of The Walking Dead will live on through Robert Kirkman’s Skybound. Adam Bankhurst is a news writer for IGN who hopes all those impacted by these unfortunate events find their feet and find success.

You can follow him on Twitter @AdamBankhurst.

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