The Topps Company recently just issued a statement today announcing that “WizKids will immediately cease operations and discontinue its product lines.”

From the press:

Scott Silverstein, CEO of Topps, said “This was an extremely difficult decision. While the company will still actively pursue gaming initiatives, we feel it is necessary to align our efforts more closely with Topps current sports and entertainment offerings which are being developed within our New York office.”

Upon notifying our partners, Topps will immediately pursue strategic alternatives so that viable brands and properties, including HeroClix, can continue without noticeable disruption. To that end, WizKids will continue supporting Buy it By the Brick redemptions for Arkham Asylum, and the December Organized Play events for HeroClix.

For consumer announcements, please refer to over the coming days for further information.

Things are not looking good… While HeroClix will continue, its longevity is severely in question and more than likely we’d see less sets and/or exclusives.