The Lord of the Rings: Gollum Developer Shutting Down

Publisher Daedalic Entertainment announced that they will be shutting down their internal development studio in Hamburg, Germany after the failure of The Lord of the Rings: Gollum.
Daedalic said that the company would be shifting its focus entirely on publishing, halting internal development entirely. This includes the cancellation of another Lord of the Rings game which was early in development at the studio.
The studio’s closure was first reported on by German publication GamesWirtschaft, with Daedalic providing an additional statement in English to Polygon regarding their decision. In the statement, the publisher stated that they had plans to assist developers losing their jobs in the closure in finding new employment, though specifics on this were not given.