Things have not been too hot in the video game industry lately. Over the course of the last three months we’ve seen THQ close its doors, LucasArts shuttered by Disney, and Hell Yeah! developer Arkedo cease video game development. Today unfortunately brings another name to the list: SEGA Studios Australia. SEGA has announced that the studio will be shutting down later this year.
Formerly known as Creative Assembly Australia, they were responsible for the critically acclaimed Medieval II: Total War. Besides their Total War video game they created Stormrise and London 2012.
We at SEGAbits wish the developers all the best in their future endeavors.