A post on the Flagship Studios Website
contradicts reports that Flagship has
closed, though they do grant that most of their employees have been laid off.
They do say, however, that they are still owners of the IPs for both
and Mythos, but that they are currently not accepting new
Hellgate: London subscriptions, nor are they billing current subscribers:
San Francisco, CA (July 14, 2008) -- Flagship Studios has announced today
that despite rumors to the contrary, the company is still operating.
“It is with deep regret that I must announce that Flagship Studios has laid off
most employees. However, the core management and founding team members are still
at Flagship.” said Bill Roper, CEO of Flagship Studios. “The past five years
have been an incredible experience for us, but unfortunately, we couldn’t
sustain the size of the company any longer.”
Flagship Studios owns the rights to all its technology and IP, including
Hellgate: London and Mythos. Due to the current situation, Flagship will not be
taking any new subscribers for Hellgate: London, and all current subscriptions
will not be billed.
Flagship wishes to extend their heartfelt thanks to those that have supported
the company and games over the past five years.