I am not sure if this is encouraging news. The so-called re-organization is likely just a step toward to asset management in preparation for dissolve the company.
Terrible news for the genre to start off the new year.
I had thought that both Grey Matter and So Blonde did reasonably well in Europe.
Yes, they have might done so - but it all depends on whether or not the publisher paid them. Many publishers have a habit, I think?, of paying the royalties for games developed by developers such as Wizarbox.
Also, it could be that Wizarbox couldn't get funding for its new game projects....