AlphaDream the 28-year-old Japanese studio that created the legendary Mario and Luigi RPG series studio has filed for bankruptcy.
According to Polygon, the company filed its bankruptcy protection papers on Tuesday. The report states that the studio had been crippled by the high development costs and bad sales performances for the other projects AlphaDream had worked on.
The studio had reportedly listed a debt of 465 million yen ($4.3 million approx.) as of March 2018.
On hearing the news, Twitter has been mourning what one could say is the end to a glorious era.
The fact that we'll probably never get another game like this due to Alpha Dream's bankruptcy is very upsetting. I would've loved to see how they would do a M&L game for the Switch. 😔— Coffee WereRabbit 🎃 (@BeansRabbit) October 2, 2019
mario RPGs' future is looking pretty bleak, what with paper mario losing its identity and alphadream becoming bankrupt— SB₂₇₄₉ (@SB2749) October 2, 2019
they were always the ones that took the bigger risks when it comes to characters and storytelling in mario and it seems we won't see that for a good while now
I honestly have become overthrown with grief after receiving this news, AlphaDream's work as a company has brought me much joy and inspiration in my darkest of times with their titles.— ThatOnePaperArtist (@ThatOnePaperArt) October 2, 2019
Nintendo, if you have the heart in you please give these people new jobs. Gonna miss it.... https://t.co/BrkzlJs7UN
I've been hoping, every Direct. I've been waiting patiently for news. But not like this. I don't want it to be over. I don't want it to be over... pic.twitter.com/nXI7skalZJ— Courtneyween 🦇 @ Thanks, AlphaDream (@altermentality) October 2, 2019
Maybe it's not really over. But if it is...— Courtneyween 🦇 @ Thanks, AlphaDream (@altermentality) October 2, 2019
And even if it's not...
Thanks for everything, AlphaDream. pic.twitter.com/yv0lvTFOLd
Mind you, the studio began working on the Mario & Luigi RPG series with Mario & Luigi: Superstar Saga for the Game Boy Advance in 2003.