Tango isn't closed it was sold to Krafton, they were goingto close the studi, but Krafton swooped in at the last second. I didn't realise PlayStation had closed a lot more Studios than Xbox this generation that's bad, and a direct result of them fruitlesly chasing live service.
Playstation & Xbox Studios they've closed this generation:
🔵Manchester Studio 🟢Arkane Austin
🔵Japan Studio 🟢 TangoGameworks
🔵PixelOpus 🟢 The Initiative
🔵London Studio 🟢 Ninja Theory*
🔵Firewalk Games 🟢 Compulsion Games*
🔵Neon Koi 🟢 DoubleFine*
🔵Bluepoint Games 🟢 Arkane Lyon*
🔵Dark Outlaw Games
Playstation has canceled 12 games this generation.
Xbox has canceled 7 games (possibly 9 in total).
* Studios are in active negotiation for closure or independence.