Why is Square Enix selling studios?

Essentially, games are getting more and more expensive to make, and with Square Enix having full ownership of numerous titles, it needs to be picky over where it puts its resources. So long term, Square Enix appears to be looking to sell stakes in its company to make things a little easier.

Why Square Enix sold Eidos?

According to Square Enix, the sales were motivated by "concerns that the titles cannibalized sales of the rest of the group." By ridding themselves of the companies behind Tomb Raider, Deus Ex and the Avengers games, among others, Square Enix "could improve capital efficiency."

Which studios did Square Enix sell?

Embracer Group completes acquisition of Square Enix's western studios. Fully embraced. Embracer Group has now completed its acquisition of Square Enix's western studios, namely Crystal Dynamics, Eidos-Montréal, and Square Enix Montréal.

What happened with Square Enix?

One of the latest moves from Matsuda as president of Square Enix was the sale of the company's Western studios. In May 2022, Embracer Group acquired Eidos Montreal, Crystal Dynamics, and now-closed Square Enix Montreal for around €300 million.

Does Sony want to buy Square Enix?

This officially puts Sony out of the hunt to buy Take-Two Interactive (19.63 billion), Square Enix (5.6 billion), and Konami (6.7 billion). Kojima Productions isn't out of the budget. The same goes for Ubisoft.

The Real Reason Square Enix Just Sold Off Tomb Raider...

Is Square Enix Avengers shutting down?

After September 30, 2023, we will no longer provide support for Marvel's Avengers. What support will be discontinued? After September 30, 2023, we will no longer add new content or provide customer support for the game. In addition, Marvel's Avengers will no longer be available for purchase.

Is Square Enix done with Avengers?

The multiplayer live-service game from Crystal Dynamics and Square Enix is shutting down in 2023. Marvel's Avengers, the online live-service multiplayer game developed by Crystal Dynamics and published by Square Enix, will officially come to an end in 2023.

Why did Hitman leave Square Enix?

Yosuke Matsuda, president and chief executive officer of Square Enix at the time, stated that the company's decision to divest itself of IO Interactive, alongside Hitman, was made because they felt like the series needed to go on, but would be in better hands with another partner or with IO Interactive itself.

What are the failed Square Enix games?

Despite each game clearing at least a million sales, Square Enix has revealed Tomb Raider, Hitman: Absolution and Sleeping Dogs all failed to meet their targets. This news comes on the same day the company projected a 13 billion yen loss and saw its president resign. What is this?

Is Square Enix doing well?

Square Enix's game sales were down in all categories last year. Square Enix's latest financial report shows that 2022 was not a good year for the company, as game sales were down from the same time the previous year. This is despite a long list of releases in 2022, although admittedly not as big as its 2021 offerings.

Is Square Enix a AAA studio?

SQUARE ENIX CO., LTD. has developed numerous AAA high-definition (HD) games and possesses a wealth of intellectual property (IP) and content. Luminous Productions Co., Ltd. is meanwhile equipped not only with AAA title development capabilities but also technical expertise in areas such as game engine development.

What is Square Enix highest selling?

Of its intellectual properties (IPs), the Final Fantasy franchise is the best-selling, with total worldwide sales of over 173 million units. The Dragon Quest series has sold over 85 million units worldwide while the Kingdom Hearts series has shipped over 36 million copies worldwide.

Does Square Enix own EA?

(presently SQUARE ENIX, INC.) is established as a wholly owned subsidiary of SQUARE CO., LTD. SQUARE ELECTRONIC ARTS L.L.C. is established jointly with Electronic Arts (Los Angeles, CA, presently SQUARE ENIX, INC.)

Who left Square Enix?

"I've started to count how many more games I'll be able to make in my lifetime." Ryutaro Ichimura, who is known as a chief producer of the Dragon Quest series, has left Square Enix as of March 31, he announced on Twitter.

Why Square Enix is expensive?

Although Square Enix has not issued an official statement on the matter, this is what reports have to say. In a nutshell, the 70-dollar price tag is either due to the economic situation, the quality of the graphics, or Square Enix's business strategy.

Why did Square Enix leave Nintendo?

After a lot of toiling on the development side and frustration, it became apparent that Square could not make the game they wanted on the N64 without several cartridges, and even then the hardware was too limited for what Square had in mind.

Who is Square Enix rival?

SQUARE ENIX's competitors include Electronic Arts, Epic Games, Ubisoft, Riot Games.

Why was ff14 a failure?

In fact, most players will tell you that the game lacked any real substance. The combat and questing were extremely tedious. According to director Naoki Yoshida, there was a lack of MMO knowledge and experience among the game's developers.

What is the bloodiest Final Fantasy game?

TechRaptor - Final Fantasy 16 Will Be The Series' Bloodiest, Horniest Game Per ESRB - Steam News. 's rating reflects its violence, sexual themes, and partial nudity, as well as some good old-fashioned blood and gore.

Why did Square Enix stop selling ff14?

Square Enix is suspending the sales and delivery of Final Fantasy XIV Starter Edition and Complete Edition because it's doing too well and the company's servers can't keep up. The decision applies to both physical and digital versions of the game and will happen in the coming weeks.

Who owns Agent 47?

Agent 47 is a fictional character, the protagonist and the player character of the Hitman video game franchise, developed by IO Interactive. He has been featured in all games of the series, as well as various spin-off media, including two theatrically released films, a series of comics, and two novels.

Why is Hitman bald?

IO Interactive gave Hitman's Agent 47 a bald head because they wanted him to have an iconic appearance and be the 'Coca-Cola of stealth games', a new book explains.

What will replace Avengers in MCU?

Secret Invasion is the biggest Disney+ project yet, vowing to change the Marvel Cinematic Universe forever - and possibly end the Avengers for good. Secret Invasion is poised to become the most impactful MCU Disney+ series by bringing an end to the era of the Avengers.

Why is the Avengers game ending?

Ending support for Marvel's Avengers, Crystal Dynamics said, was a decision “made in conjunction with our partners,” according to an FAQ the developer posted Friday. Marvel's Avengers was released on Google Stadia, PlayStation 4, Windows PC, and Xbox One in September 2020 to generally lukewarm reception.

Is Marvel Avengers over?

Avengers: Secret Wars was set to follow in November 2025, although it's since been pushed back to May 2026. Avengers: Secret Wars will bring an end to Marvel's The Multiverse Saga, but let's not get too far ahead of ourselves just yet. Here's everything you need to know about Avengers: The Kang Dynasty.