In May 2007, Capcom announced Flagship would cease to exist from June 1, 2007, and their employees merged into Capcom's main studio. Quoting GameSpot's news on the dissolution of Flagship Studios "According to a Capcom spokesperson, while the Flagship name is getting the axe, its employees won't be. Noting that the only thing to change will be the company name on their business cards, the spokesperson said all Flagship staffers are expected to continue working at the publisher in the same capacities".[3]