2K, Australia's Last AAA Studio, Closes Its Doors

Posted by timothy on Thursday April 16, 2015 @04:55AM from the even-with-all-that-regulation dept.

beaverdownunder writes 2K Australia, the Canberra studio that most recently developed Borderlands: The Pre-Sequel, is closing its doors. The entire studio is closing, and all staff members will lose their jobs. "All hands are gone," said a source for Kotaku Australia. 2K Canberra was the last major AAA-style studio operating out of Australia. The costs of operating in Australia are apparently to blame for the decision. This raises questions as to the viability of developing major video games in Australia.

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Re:Tax breaks? by Anonymous Coward · 2015-04-16 05:48 · Score: 5, Informative

2K Games is the publisher of Borderlands while the developer is Gearbox Software, which is based in Texas, US.
That's not entirely true. Gearbox developed Borderlands and Borderlands 2 and 2K Games published both. Borderlands the Pre-sequel was developed by 2K Australia "with assistance from Gearbox".