Video game news is a big business these days, with both Apple and Sony already having released new games for their respective consoles.
It’s a great way to spend your money, as long as you’re playing something new and not another sequel to something you already know and love.
But this isn’t the case for one gaming site, VTech Storio Games.
The website, which specializes in Korean video games, has decided to stop publishing games.
The reason?VTech StoriaGAMES, which had been running weekly for nearly 20 years, announced its decision to stop releasing new games at the end of this month.
The decision to suspend publication came just days after VTech CEO Kwon Kwang-kiy said the website had reached “financial ruin” and was “failing as a publisher.”
In a press release, Vtech CEO Kwan Kwang said the decision to cease publication was “due to the fact that the K-Pop Star Wars series has reached the end,” with the game’s release date set to be November 1, 2019.
The statement reads, “VTech has been producing and selling Korean game products for over 20 years and continues to produce and sell Korean games for the PlayStation 4 and Xbox One platforms.
Our goal is to continue to support and grow the Korean gaming industry and continue to produce quality games.”
The decision comes on the heels of a recent spate of cancellations by Sony, which also recently dropped an upcoming game due to poor sales.VTech, which was founded in 1997, has since released a number of games, including a handful of popular franchises such as Monster Hunter, the original Final Fantasy and the Resident Evil series.
VTech was founded by Kang Jae-kyu, a former Nintendo employee.
Kang is currently vice president of operations at PlayStation Japan.