Why is Square Enix selling Tomb Raider?

Rather than cannibalisation it seems that Square Enix's primary concern is simply money, or capital efficiency as they put it. They're concerned about the rising cost of making games, especially when combined with the cost of running their own internal studios as well.

Is Square Enix done with Tomb Raider?

Crystal Dynamics now has "control" of Tomb Raider following Square Enix sale. Crofty business. Following Square Enix's sale of its Western studios to Embracer earlier this year, Crystal Dynamics now has "control" of Tomb Raider and Legacy of Kain.

Did Square Enix sell Tomb Raider for NFT?

Square Enix sells its legacy games to focus on blockchain tech. Square Enix has sold its legacy games, including Tomb Raider, Thief and Deus Ex to Embracer Group for $300. This feels like a small fee for such major and iconic franchises, so why has the Japanese publisher done this?

Who bought Tomb Raider from Square Enix?

The studio was acquired by Embracer as part of a deal with Square Enix.

Why did Square Enix sell?

That resource allocation is said to be part of the reason Square Enix sold off its three western studios. During the call, Square Enix is said to have alleged that its recent western games "cannibalized" sales and resources from other games in development.

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

Who owns Tomb Raider now?

Amazon Games will publish the next Tomb Raider game, it's announced. The multiplatform title developed by Crystal Dynamics – which was recently sold to Embracer Group by former parent Square Enix – will be built alongside Amazon “from development all the way through publishing,” according to a press release.

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.

Is Tomb Raider a dead franchise?

The Tomb Raider sequel starring Alicia Vikander is no longer moving forward, and after MGM lost the rights to the franchise, a bidding war has begun with studios looking to reboot the property. Check it out! The Wrap reveals that MGM has lost the right to the Tomb Raider franchise.

Why did they stop making Tomb Raider?

In July 2022, it was reported that MGM had lost the film rights to the Tomb Raider franchise, after the window in which to give the sequel the green light ran out, culminating in Vikander's departure from the lead role.

Why did they cancel Tomb Raider?

However, after Alicia Vikander gave a disappointing update in July 2022, it was only shortly afterwards that it was reported the sequel had been scrapped entirely as a result of MGM losing the rights to the franchise, as we mentioned above.

Did Tomb Raider sell well?

It stars a British archaeologist by the name of Lara Croft. The series was first published by Eidos Interactive, then Square Enix until they sold the Tomb Raider properties to Embracer Group. The series has sold strongly with over 95 million.

Did Xbox fund Tomb Raider?

Six years later, a LinkedIn page for Square Enix Strategic Marketing and Corporate Development Director Fabien Rossini has revealed that the Rise of the Tomb Raider deal cost Microsoft $100 million.

How much did Xbox pay for Tomb Raider?

According to the initial description, Rossini negotiated a few deals with strategic partners, “including the Tomb Raider exclusivity on Xbox worth $100 million.” Rise of the Tomb Raider exclusivity deal with Microsoft was worth $100 million. Other stuff.

Is Tomb Raider free forever?

Each game is free to keep forever, provided that you retain access to your Epic Games account.

How much did Square Enix pay for Tomb Raider?

Tomb Raider is one of the most well-known video game franchises of all time. The iconic Tomb Raider video game franchise is being sold by its Japanese publisher Square Enix as part of a $300 million deal.

What will happen to Tomb Raider?

Lara Croft is making a return with the help of Amazon Games. The company will publish the next Tomb Raider title, which Crystal Dynamics is developing. Amazon said the studio is using Unreal Engine 5 to craft the biggest and most expansive Tomb Raider game to date.

Why is Tomb Raider banned in China?

The Chinese also complained the film had made the country appear to have no government and run by secret societies. "The movie does not understand Chinese culture. It does not understand China's security situation. In China there cannot be secret societies," the official said.

Will Tomb Raider return?

In April, Crystal Dynamics revealed that it was developing the next Tomb Raider game in its series that began with a reboot back in 2013. They did so during the State of Unreal 2022 presentation, revealing that this Tomb Raider sequel – the fourth in this rebooted series – will be built on Unreal Engine 5.

Why did Tomb Raider reboot fail?

One of the major reasons why Tomb Raider fails as a reboot is because its narrative never justifies itself as one. Consider the opening sequence on the ship the Endurance.

Is Tomb Raider a girl?

Lara Croft is a fictional character and the main protagonist of the video game franchise Tomb Raider. She is presented as a highly intelligent and athletic British archaeologist who ventures into ancient tombs and hazardous ruins around the world.

Will there ever be more Tomb Raider games?

The Tomb Raider franchise is always a big pull for gamers and it's now been said that the Crystal Dynamics will premiere in 2023, with the company even going so far as to tell investors that it'll happen.

What is the best-selling game ever?

The best-selling video game to date is Minecraft, a sandbox game released by Mojang in May 2009 for a wide range of PC, mobile and console platforms, selling more than 238 million copies across all platforms. Grand Theft Auto V and EA's Tetris are the only other known video games to have sold over 100 million copies.

What is the most sold game system?

PlayStation 2 – 159 million*

*PlayStation 2 remains the best-selling video game console of all time. Sony's beloved system tops Nintendo DS by roughly 5 million units sold, while handily outselling every other console in existence.