SNK Playmore is closing once again

I just received word from a source of mine that SNK Playmore, the Neo-Geo creator responsible for such classic titles as The King of Fighters and Metal Slug, will soon be closing its doors. This summer, the company will officially cease direct sale of its games and will instead see distribution duties go to Ignition USA.
In 2001, the original incarnation of SNK closed as well, with company founder Eikichi Kawasaki investing in a new company known as Playmore. By 2003, Playmore had become SNK Playmore, sometimes just referred to by the original name of SNK. 
No further details on the closure as of yet, but it seems like we’ll be seeing the end of SNK Playmore by next month. Destructoid will keep you posted as and when we hear more.

Original post by mrdestructoid@gmail.com (Destructoid.com) and software by Elliott Back