Looks like it will be an MMO which is a hard pass for me.
I’d be interested in a Mandalorian MMO, but would like a single-player focused title too.
Embracer Group AB ("Embracer") has entered into an agreement to acquire the development studios Crystal Dynamics, Eidos-Montréal, Square Enix Montréal, and a catalogue of IPs including Tomb Raider, Deus Ex, Thief, Legacy of Kain and more than 50 back-catalogue games from SQUARE ENIX HOLDINGS CO., LTD. ("Square Enix Holdings"). In total, the acquisition includes ~1,100 employees across three studios and eight global locations. The total purchase price amounts to USD 300 million on a cash and debt free basis, to be paid in full at closing. Embracer has secured additional long-term debt funding commitments for this and other transactions in the pipeline. The company today reiterates its current Operational EBIT forecast for FY 21/22, FY 22/23, and FY 23/24. The transaction is subject to various regulatory and other external approvals and is expected to close during the second quarter of Embracer's financial year 22/23 (July-September 2022).
Hmm, think they’d prefer just one for now and have other games be about other things.I'm still hoping the unannounced Ubisfot Star Wars game will be Mandalorian focused. But would Disney be fine with two AAA Mandalorian games? Might be a bit overesaturated.
Square Enix has sold off Eidos and Crystal Dynamics and their IPs (including Tomb Raider) to Embracer Group for $300 million.
EMBRACER GROUP ENTERS INTO AN AGREEMENT TO ACQUIRE EIDOS, CRYSTAL DYNAMICS, AND SQUARE ENIX MONTRÉAL AMONGST OTHER ASSETS
https://www.hd.square-enix.com/eng/ir/pdf/20220502 A_Press Release_fin.pdf
Embracer Group also owns Gearbox and Dark Horse Comics.
AKA Square Enix President Matsuda, formerly the company's bean counter CFO
Square Enix President interview – ‘it's better to be a leader than a follower' (2018) LMAO
How NFTs became a $40bn market in 2021 | Financial Times
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Don't forget money laundering
Thread by @smdiehl on Thread Reader App
Another (Ubisoft) NFT GaaS dying out.
Ars Technica - Ubisoft’s first NFT experiment was a dumpster fire
Publisher still promises "future [NFT] drops coming with other games."
Sounds like a threat. 'Get in on the ground floor of our next limited time pyramid scheme.'
Forbes - Interest In NFTs And The Metaverse Is Falling Fast
If Google is any indicator, public interest appears to be falling fast in the concepts of NFTs and the metaverse.
Keep in mind that 'interest' searches also include people like us dunking on NFTs.
Sony for eg could make a killing with something like Tomb Raider, all while consolidating their base and maybe switching a few fans over. TR is surely one of the better known single player IPs. By this logic wouldn't Sony's high budget single player game studios also be worth very little? Square were terrible stewards of these studios and IPs and they would be worth a lot more in someone else's hands.Square Enix's in-house western developed games cost so much money to make that despite selling a lot there's not that much profit from it all in the end for them I suppose is the reason. Much like a low budget indie/horror movie breaking $100 million box office is better business than a high budget CGI movie that does $100 million at the box office.
The NFT market is collapsing.
The sale of nonfungible tokens, or NFTs, fell to a daily average of about 19,000 this week, a 92% decline from a peak of about 225,000 in September, according to the data website NonFungible.
The number of active wallets in the NFT market fell 88% to about 14,000 last week from a high of 119,000 in November. NFTs are bitcoin-like digital tokens that act like a certificate of ownership that live on a blockchain.
Haha, they're only just getting started up and already seeing declines like this.