[UPDATE: Looks like the rumors were true. IGN was able to confirm that Krome Studios is no more. Original post follows.]

Kotaku is reporting rumors that Krome Studios is going to be shutting down. Krome is behind a number of games including Ty the Tasmanian Tiger, Xbox 360 Game Room, and more recently Blade Kitten. This really bums me out, as Blade Kitten was pretty fun and also the first game in a trilogy. It’s Advent Rising/Heavenly Sword syndrome all over again.