Niantic, the developer behind AR favorite Pokemon GO, is closing its LA studios, dropping a Marvel game, and sunsetting NBA All-World.
Niantic, the game developer best known for the huge AR hit known as , is restructuring as it seeks to stabilize the company’s financial position. According to Bloomberg, the developer is closing its Los Angeles studio and will halt work on its game and eventually shut down its game. The latter title was released in January and generated only 354,000 downloads during its first-week based on data from Data.ai. That compares with the over 1 million in first week downloads garnered by , a game created by Niantic and Nintendo.In a lengthy letter e-mailed to employees, Niantic CEO John Hanke said that the company is narrowing its focus in the mobile game sector to first-party games.
