RiME Dev Tequila Works Forced to Auction Off Assets After Bankruptcy

Regrettably, Tequila Works, a game development studio based in Madrid, is putting up for auction all its creative works and possessions, which paints a disheartening picture of the industry.

This insolvent production house from the previous year is offering for sale the distribution rights for significant titles such as RiME and GYLT to the individual placing the highest bid.

Back then, Sony was initially supposed to publish RiME. However, due to an extended development period, the game ended up being independently published by the Spanish studio on various platforms. It received favorable feedback from critics.

For the next 30 days, each franchise’s auction is still ongoing, and so far, both RiME and GYLT have received bids worth up to approximately €15,000 ($16,986).

Additionally up for grabs are captivating titles like the PSVR murder mystery The Invisible Hours and the survival game Deadlight, along with numerous incomplete ideas. If desired, you could also acquire the studio’s moniker and branding.

It’s quite disheartening to witness beloved creative works such as these up for sale to the highest bidder, although there is a glimmer of hope that they might be revitalized by the right buyers.

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2025-04-11 06:36