Ex-Flagship Team Form Runic Games

Following the demise of Flagship Studios, today a new game studio called Runic Games has been revealed.Flagship Studios’ demise has been well documented over the past few weeks and today Flagship founder Max Schaefer and Travis Baldtree, who were both working on the free to play action RPG Mythos before the company’s closure, announced the formation of Runic Games.According to the announcement, the new studio will continue working with the action-RPG MMO genre following positive responses from the gaming community and press for Mythos.The rights to Mythos were recently handed over to T3 Entertainment who are setting up a new development studio in San Francisco (see news).Runic Games are expected to make an announcement regarding future projects in the coming days.