I have known about this for a few days and it makes me want to cry. I have a really hard time expressing how I feel about this.
3D Realms is dead. Long live 3D Realms.

Hail to the dead king baby!

Always bet on Duke!
Well... well except this time, obviously :(
Personally I think he's best remembered for the games in the late 90's (most notibly, of course, for 3D and Manhattan Project) than to be dragged kicking and screaming into the modern day where he's lost a lot of his relevance as a character.
I think I hear eduke calling me... gotta go! :D

omg... This might not have happened if they had only put out Duke Nukem Forever. : (

I will always believe in Duke Nukem Forever. Always.

It's a real shame what has happened to 3D Realms, however, I don't think it's that big a loss.
Had this happened in the 90s, it would have been catastrophic. Now, though, there are just so many quality companies around, that losing one isn't such a blow to the industry.
I'm of two minds, but hey, if the DNF engine and assets are bought by whomever, we may actually see the king return!

Waking up on my birthday, reading the news and learning that while I was sleeping 3DR had to shut down was really not a good start to that day :'(

If put in the right hands, that would be great!

The saddest thing is no one will ever give them credit for out-Romero-ing John Romero

This is a real tearjerker...

While it's sad to hear that they've closed, it makes me wonder if they had just finished Duke Nuke'em Forever or sold it off would have made a difference.
Over 10 years to be working on a game and never finish it is unbelievable. If I had those kind of delays in doing my job I would have been fired after months, not years of blown deadlines.
Who cares if it was the most cutting-edge game as soon as it was released. The gameplay is what matters most IMHO.

Have you seen the leaked gameplay footage? Bloody hell, it looked almost finished :( And lots of fun. I'm not sure if even DNF would be able to save the company though, bad management lied behind all of this, 3DR hasn't developed a game in a long long time, and the last game they produced was Prey. Regardless, sad :(

The leaked "gameplay footage" is a fake, being scripted and heavily "shopped". The game was nowhere near completion.

They wont sell the Duke IP to anyone, they run out of funds to complete the game, and there's all staff losing there jobs which is very tragic.
They made some great games over the years and produced with other people. It's the developers when working on the game posted some media stuff of the game.