The company's international office closed its doors last week, and the New York office is now staffing a skeleton crew to finish up some last details.
MTV Games enjoyed tremendous success with the Rock Band franchise, and had most recently released one of the best Kinect launch titles, Dance Central. However, the flagging fortunes of the music genre had become a drag on parent company Viacom, leading to some nasty disputes between it and developer Harmonix, which it eventually unloaded for a paltry $50.