Project Sora, the independent studio founded by Masahiro Sakurai is no more.
The studio worked together on Super Smash Bros. Brawl and were responsable for the Kid Icarus Uprising game on 3DS.
The Studio was founded in 2009 by Nintendo and Sakurai. Nintendo held 72% of the shares, the rest was held by Sakurai and third party members.
No reason was given why the studio had to close doors.
Although the members of the studio won’t be able to make a new game under the studio’s name, it looks like most of them are relocated in both Nintendo and Sakurai’s own Sora Ltd.
