Concord
The claim: Concord is a major, long-term live-service franchise investment for PlayStation.
⚪ Archived · Moderately sourced (4 sources)
By PixPause Editorial · 2 min read · Verified September 13, 2026
Concord, marketed as a major long-term PlayStation live-service franchise backed by a $200M+ development deal, was shut down entirely just two weeks after its August 2024 launch, with all copies refunded and the developing studio closed within two months, on a total investment reported to exceed $400 million.
Make your guess on the slip to reveal the answer- "Concord is a major, long-term live-service franchise investment for PlayStation."✕ FALSE
BUYING THE HYPE
▸ HYPE VS REALITY
Sony and Firewalk Studios marketed Concord as a major new live-service hero shooter, backed by a reported $200 million-plus development deal and positioned as a flagship, long-term PlayStation multiplayer franchise.
Concord launched to unprecedentedly low sales for a project of its size and scale. Sony shut the game down entirely on September 6, 2024 -- just two weeks after its August 2024 launch -- and refunded every copy sold, an almost unheard-of response for a major first-party release. On October 29, 2024, Sony announced the complete closure of Firewalk Studios, the developer, less than two years after acquiring it specifically to make this game. Total investment, including the original acquisition and years of development, has been reported by multiple outlets as exceeding $400 million, making it one of the most expensive single-game failures in PlayStation's history. Sony's own CEO attributed the failure to the competitive first-person-shooter market rather than any single specific cause.
A flagship, long-term franchise commitment that gets pulled from sale and refunded in full after just two weeks, followed by the entire developing studio being shut down within two months, is about as complete and fast a real-world contradiction of 'major long-term franchise' framing as exists in the industry. There's no ambiguity or spin possible around a game that stopped existing before most players had even heard of it.
This verdict would change if new, independently verifiable evidence emerged directly supporting the claim "Concord is a major, long-term live-service franchise investment for PlayStation." — evidence stronger than what's currently on record contradicting it.
▸ CLAIM CHECK
- Kotaku — Sony shut down the game entirely two weeks after launch and closed the developing studio less than two months later, on an investment reported to exceed $400 million.
Scorecard AI opinion ⓘ
▸ THE EVIDENCE ON YOUTUBE
Concord - Gameplay Trailer | PS5 Games
PlayStation · 17.2M subscribers
Concord Review
IGN · 20M subscribers
Revisiting Concord: The Biggest Flop in the History of Media
Command B · 37.4K subscribers
Concord: The Biggest Failure in Gaming
The Act Man · 2M subscribers
Sony & PlayStation shut down Concord dev studio Firewalk Studios
YongYea · 1.2M subscribers
▸ FAQ
How quickly did Concord actually get shut down?
Just two weeks after its August 2024 launch — Sony pulled the game from sale and refunded every copy on September 6, 2024.
What happened to the studio that made Concord?
Sony announced the complete closure of Firewalk Studios on October 29, 2024, less than two years after acquiring the studio specifically to develop this game.