Majesco has completed a major reorganization and announced a sequel to one of their beloved franchises.

The company, which has battled stock delisting for several years, recently replaced their CEO and has reduced to five full-time employees. Other company ventures have been shuttered as the company focuses on smaller digital titles. Most notably, Midnight City, the indie publisher who handled Costume Quest 2 and High Strangeness for Wii U and were slated to publish Fullbright Games's 2013 indie smash Gone Home, has been shuttered.

A letter to shareholders has indicated the first two titles to launch from the new Majesco would be a game called "Glue" and the next game in the A Boy and his Blob series. The titles are expected to launch within the next two fiscal quarters (six months) for "all next generation gaming consoles and in some cases, PC".
Source: https://www.nintendoworldreport.com/...cus-on-digital

Holy crackers, Majesco only has 5 full-time employees left at this point? My, what a fall from its height in the late 90's and early 00's when it was manufacturing Game Gears and GG games and publishing new game IP's on XBOX.