2K Marin, 2K Czech, and now Irrational . . . TTWO clearly concerned about costs/performance
Wow, TTWO is clearly cracking down on studios that are not producing and reducing costs. 2K Marin's XCOM: Declassified flopped . . . and they got shut down. There were 2 studios in Czech Republic . . . they closed one down and consolidated. Irrational's Bioshock Infinite was a great game and sold well . . . but perhaps not enough to warrant such a big studio/budget . . . closed down.
I remember recently saying that Bio Infinite didn't set the world on fire, and commented it was being given away for free less than a year after launch. Now the studio is being closed down. Oh well, there goes another franchise.
On the contrary. 2K can move forward with games the Bio shock universe and Ken Levine will get to work on a new franchise for TTWO. From Ken Levine's message:
Thanks to Irrational and 2K’s passion in developing the games, and the fans who believe in it, BioShock has generated retail revenues of over a half billion dollars and secured an iconic place in gaming. I’m handing the reins of our creation, the BioShock universe, to 2K so our new venture can focus entirely on replayable narrative. If we’re lucky, we’ll build something half as memorable as BioShock.