European game publisher Embracer buys Square Enix's three Western game studios, with many game series including Tomb Raider and Dues Ex, and their IP, for $300M
$300 million deal includes “over 50” classic games' rights, over 1,000 devs. — On Monday, Japanese game publisher Square-Enix confirmed …
Ars Technica Sam Machkovech
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Discussion
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Gameranx
Alexandra Nicholson
on x
Square Enix Sells Off Tomb Raider And Its Western Dev Studios To Embracer Group
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@nickstatt
Nick Statt
on x
There's not a lot of money in a game that costs you $150 million to develop and market over 3-4 years that you sell 6 million copies of and people play it for like two months and never touch it again. That's not a super enticing business model for gaming publishers right now.
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@nickstatt
Nick Statt
on x
Embraced Group is going to have to spend a fortune and really not fuck it up if they want to make Deus Ex and Tomb Raider games people will actually buy, and that's not easy! Also, the $300 million figure is definitely low but these games do not sell well so ¯\_(ツ)_/¯
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@nickstatt
Nick Statt
on x
On one hand yeah Square Enid did a terrible job nurturing Hitman, Deus Ex and others. But also I find it unsurprising not many big game companies want to manage single-player IP that costs a lot to maintain in the current industry climate. https://embracer.com/...
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@wolfofdarknesss
@wolfofdarknesss
on x
Talented game developers will start leaving Square Enix ASAP. This will happen %100 https://arstechnica.com/...
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@jmilla43874993
@jmilla43874993
on x
Another acquisition by Embracer Group. I would like them to do a huge deal like acquiring Ubisoft. It would almost immediately boost them to a new level. https://twitter.com/...