I know it's true, but you need to have proper sources. We here don't like it when people mention news worthy information yet they don't give links.
That is how it works on here.
Secondly, I highly doubt the video games being produced at the time will be fully stopped. There was already mention of some of the employees that were let off, that will try to get the Licenses for the proper games thus having other companies continuing work on them.
When something like this closes down, it just leaves room for bigger and better people to take hold onto it.
They aren't shutting it down. They have stopped it from producing games, luckily they still use it as a sort of hosting company for all others who wish to base a game idea off Star Wars. Unfortunately that does mean the end of both those games..