Video game company Konami recently confirmed that it has closed its Kojima Productions Los Angeles development studio. Ars Technica said the studio was responsible for the online portion of “Metal Gear Solid V.”
In a statement to Polygon, the company said, “Konami has made the decision to close its Los Angeles Studio, effective immediately, due to the product development resources being restructured into a more centralized unit. This facility contributed to the recent Metal Gear Solid games.”
Konami assured the public that it will be business as schedule as they provide support to all published titles of its popular video game series, including the “Metal Gear Solid 5: The Phantom Pain” and “Metal Gear Online.” It also said in its statement that “Metal Gear Online” is scheduled for release in January 2016 for PC Steam.
Kotaku deduced that the closing of the LA studio could be a cost-effective move for Konami, as it mulls over plans to release another “Metal Gear” title.


SK Biopharmaceuticals Secures Global Rights to Biohaven Epilepsy Drug Opakalim
PayPal Shares Sink as $50 Billion Takeover Bid Collapses
Nvidia Reportedly Eyes $13 Billion Hugging Face Acquisition
Mercer International Stock Surges 45% on C$20 Million Canada Funding
Itochu Offers $1.56 Billion to Privatize Dentsu Soken
Yindjibarndi Appeals Fortescue Mining Compensation Ruling
Street Poller Media and The Boom of the Street Interview Ad Industry
HP Stock Drops 9% Despite Q3 Earnings Beat and Raised 2026 Outlook
Toyota Global Sales Fall as China Demand Slumps
Meta Agrees to $18 Billion Settlement, Tightens Teen Social Media Rules
Trian Drops Wendy’s Take-Private Bid Plans, Shares Plunge 14%
Google Changes EU Spam Policy Amid Antitrust Scrutiny
Trump Administration Plans New Drug Pricing Deals With Biotech Firms
OpenAI AI Agent Swarm Behind Hugging Face Hack
Pinterest Stock Falls as CFO Julia Brau Donnelly Resigns
Nvidia Pauses AI Cloud Financing Deals Amid Antitrust Concerns 



