Yakuza Creator's Studio Officially Shuts Down After Backers Desert It

Nagoshi Studio, the developer founded by Yakuza creator Toshihiro Nagoshi, has officially closed its doors after backer NetEase stopped its funding . Nagoshi Studio had been working on Gang of Dragon , a Yakuza-style crime drama starring Ma Dong-seok. Japan's official gazette, Kanpo , confirmed that the company was dissolved on Oct. 31. Back in March, Bloomberg reported that NetEase had decided to cut off Nagoshi Studio after learning that Gang of Dragon would cost another 7 billion yen ($44 million) to complete. Nagoshi Studio reportedly failed to find another backer for the game.