Nacon schedules May 7 showcase a day after Spiders studio shutdown amid insolvency crisis

Publisher Nacon announced its gaming showcase for May 7, less than 24 hours after RPG developer Spiders—previously filed for insolvency—shut down. Union STJV blamed Nacon's mismanagement for the closure and urged players to boycott the company, as it faces ongoing insolvency proceedings and legal challenges.

Nacon revealed plans for its long-delayed gaming showcase on May 7, coming shortly after Spiders, known for GreedFall and its poorly reviewed sequel GreedFall: The Dying World, confirmed its closure. This follows insolvency filings by Spiders and other Nacon studios like Kylotonn and Cyanide in March, triggered by unpaid bills amid Nacon's own debt restructuring. STJV, the French video game workers' union, accused Nacon of 'mismanagement and malice that appeared premeditated,' stating: “We refuse to see the group responsible for Spiders’ abrupt end pillaging the still-warm body of our jobs. Although we hope that our games will still be enjoyed, we would like players to avoid giving their money to Nacon, as it would reward the group for its actions.” The union vowed to fight for accountability despite industry silence. The controversy underscores tensions in France's gaming sector, with Spiders' closure marking a blow to the country's second-largest video game employer, as Nacon presses ahead with its showcase.

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Paris-based developer Spiders, known for the GreedFall series, Steelrising, and The Technomancer, faces liquidation less than two months after GreedFall: The Dying World exited early access. Parent company Nacon, which filed for insolvency in late February 2026, failed to find a buyer for the 18-year-old studio despite sale efforts. French outlet Origami reports that liquidation proceedings are now a formality, with staff halting work to update CVs and seek new jobs.

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The independent French union STJV is urging all video game workers to strike on June 25 in response to widespread layoffs and alleged mistreatment by studio management.

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