Telltale Employees Left Stunned by Company Closure, No Severance
Adventure games seems to be a segment that is especially prone to boom and bust cycles.  This has to be at least the third major collapse, following Infocom and LucasArts.Even when well executed, the formula is hard to keep fresh, and the emphasis on story and writing leads to generally poor replayability.  Particularly now, in the youtube/twitch age - most of the enjoyment of these kinds of games is watching the story play out, rather than actually playing the game.