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Update, 12\/12\/23:\u00a0<\/em><\/strong><\/p>\n After reports in November indicated that Free Radical Design, the team behind the TimeSplitters franchise that had been reformed in 2021 to create a new entry in the series, was facing a complete shutdown, the studio closure happened yesterday.\u00a0Game Informer\u00a0<\/em>reached out to Free Radical Design parent company Embracer Group for a comment on the closure \u2013 it pointed us to the following LinkedIn post by Plaion, which owns Free Radical Design.\u00a0<\/p>\n “It’s with a heavy heart that we must announce yet another difficult decision,” the post reads. “Today, we have to confirm the official closure of Free Radical Design, and say goodbye to many remarkable, talented, and hard-working people. We are beyond grateful for their incredible contributions to Plaion and wish them the best of luck and success on their professional journey from here on out.”\u00a0<\/p>\n The original story continues below…<\/em><\/p>\n Update, 12\/11\/23:<\/em><\/strong><\/p>\n Last month,\u00a0VideoGamesChronicle\u00a0<\/em>reported that Free Radical Design, the team behind the TimeSplitters franchise, might be facing a complete shutdown. It seems that shutdown has happened, as the Free Radical Design website now leads to a 404 page. Plus, various employees have been posting about the studio, saying goodbye to it and more online.\u00a0<\/p>\n The last day at FRD was very different from what I imagined. I don’t think it sunk in properly just yet, but handed my keys in and left the building the last time. It’s Time to Split pic.twitter.com\/n1UGELsoED<\/a><\/p>\n\n