Tequila Works to Auction Game Rights and IP

Drama

11 April 2025 13:27

Tequila Works, the Spanish game development studio known for titles like Rime, Gylt, and Deadlight, has started auctioning off its intellectual property (IP) and game rights after filing for insolvency in November 2024.

As reported by VGC, the studio has set up an auction page on the Escrapalia platform, where it is offering its "intangible assets" for sale. These include the rights to several of its popular games, as well as in-development projects and the studio's branding.

More:Last of Us Season 3 Confirmed

Among the assets listed are the trademarks and rights for Rime, the action-adventure puzzle game Gylt, and Tequila Works' debut title Deadlight. In addition, the auction features vertical slices for unreleased titles, including The Ancient Mariner, Dungeon Tour, and Brawler Crawler. The listing also includes Tequila Works' branding, website, and social media handles.

Tequila Works filed for insolvency last year, citing "prolonged market conditions" as the primary factor behind its financial difficulties. Just one month before the insolvency filing, the studio made the difficult decision to lay off a "small number" of its development team.

Tags: Tequila Works

Share:

Sources:

Report mistake Submit news

Related news

View All

Splitgate 2 Devs Snaps Back

The developers at 1047 Games have pushed back against criticism surrounding the low Steam player numbers for Splitgate: Arena Reloaded,...

Drama

Jan 07, 2026

Siege Hackers are Back, Many Banned for 67 Days

Rainbow Six Siege continues to face issues following a major hack that took down its servers late last month. The...

Drama

Jan 06, 2026

Embark Studios Targeted for AI Use

Patrick Söderlund, CEO and founder of Swedish game developer Embark Studios, has spoken out about the company’s use of artificial...

Drama

Jan 06, 2026

FaZe Clan's Future is Bleak

FaZe Clan, once hailed as esports' first billion-dollar cultural unicorn, is now facing an existential crisis. The organization’s downfall reached...

Drama

Dec 29, 2025

Vince Zampella Killed in Car Crash

Vince Zampella, the founder of Infinity Ward and current head of the Battlefield franchise, has tragically passed away after a...

Drama

Dec 23, 2025

Tequila Works to Auction Game Rights and IP

Drama

11 April 2025 13:27

Tags: Tequila Works

Tequila Works, the Spanish game development studio known for titles like Rime, Gylt, and Deadlight, has started auctioning off its intellectual property (IP) and game rights after filing for insolvency in November 2024.

As reported by VGC, the studio has set up an auction page on the Escrapalia platform, where it is offering its "intangible assets" for sale. These include the rights to several of its popular games, as well as in-development projects and the studio's branding.

More:Last of Us Season 3 Confirmed

Among the assets listed are the trademarks and rights for Rime, the action-adventure puzzle game Gylt, and Tequila Works' debut title Deadlight. In addition, the auction features vertical slices for unreleased titles, including The Ancient Mariner, Dungeon Tour, and Brawler Crawler. The listing also includes Tequila Works' branding, website, and social media handles.

Tequila Works filed for insolvency last year, citing "prolonged market conditions" as the primary factor behind its financial difficulties. Just one month before the insolvency filing, the studio made the difficult decision to lay off a "small number" of its development team.

Share:

Sources:

Report mistake Submit news