Tales of Vesperia Studio Close To Bankruptcy

Namco Tales Studio released their financial report this past week and things aren’t looking well. The studio has a combined debt of over 21 million dollars (USD). The studio was opened in 1985 and eventually sold to Namco Bandai in 2003. During the last 25 years they have developed 13 games in the ‘Tales of’ series. The last console release being ‘Tales of Vesperia’ for the Xbox 360 in North America and Playstation 3 in Japan.

The ‘Tales of’ series is very popular in Japan spawning several spin offs including side-story videogames and Anime. Vesperia sold 230,000 units since its release in August 2008.

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