Radical Entertainment + Hothead Games = New Radical Games:
Quote Originally Posted by IGN
Vancouver-based Radical was bought by Activision in 2008, and was shuttered little more than five years later after living out its final years as a Destiny support studio.

Hothead — also based in Vancouver — went bankrupt in 2024.

The new studio is led by CEO Ian Wilkinson, who co-founded Radical, and COO Tim Bennison, who served as chief operating officer at Capcom's Vancouver studio and had previously worked at Radical, too, as executive producer and VP technology.

News of the new studio from the people who brought us games like Prototype, Scarface: The World Is Yours, and The Simpsons: Hit & Run has clearly excited fans, with many now crossing their fingers that the new outfit could be set on bringing those dormant IPs back to life.
The Simpsons: Hit & Run and Prototype Developer Radical Entertainment Appears to Have Returned, and Fans Are Hyped for Fresh Remakes - IGN