Build A Rocket Boy, the video game development studio established by Leslie Benzies—a key figure behind the Grand Theft Auto series—has officially entered administration. This legal process, which occurs when a company is insolvent, follows the disappointing commercial performance of the studio’s first major game release.

Leslie Benzies founded the studio with significant industry anticipation, given his history as the former president of Rockstar North. The company had been working on its ambitious debut project for several years, aiming to create a large-scale, interactive platform. However, the game failed to gain the necessary traction in a highly competitive market, leading to the current financial instability.

While the studio has entered administration, the long-term future of its intellectual property and the specific reasons behind the game's failure remain subjects of industry speculation. Administration typically allows a company to restructure its debts or sell off assets to creditors, but it often serves as a precursor to permanent closure or significant downsizing. As of now, there has been no official statement from the company regarding potential layoffs or the future of its ongoing projects.