"Just a quick note to our great fans and friends," the tweet on September 19 from the company's official account read. "The rumours of our closure have been greatly exaggerated - we're still here! More later..."
We reached out to Activision Blizzard, of which Radical is a subsidiary, to get a clearer picture of the studio's status. A representative informed us that nothing had changed since the statement in late June. The staff was reduced, but the studio wasn't closed.
Radical Entertainment remains open, supporting other existing Activision projects, but the studio has ceased "development of its own games going forward."
not find a broad commercial audience. Radical is a very talented team
of developers, however, we have explored various options for the
studio, including a potential sale of the business, and have made a
difficult conclusion through the consultation process that the only
remaining option is a significant reduction in staff. As such, some
employees will remain working for Radical Entertainment supporting
other existing Activision Publishing projects, but the studio will
cease development of its own games going forward."