A rumored 200 million hit on square is a big deal. So they got their money back and some by selling the cause of the debt.
They probably got upfront payment from Microsoft on the Perfect Dark collab as well.
And before you say 200 million isn't that much... Square fired the creator of Final Fantasy for losing 100 million on the Final Fantasy Movie, got financial support from Sony and had to merge with Enix.
Square was merging with Enix before Spirits Within Flopped. Actually the merger was put on the back burner because of the flop. Sony has been supporting Square for years even when they had that publishing deal with EA up until they sold they stocks a few years ago.
Insane that Squenx believed in their IPs so little. And the fact they’re using the money to invest in blockchain is a metaphorical slap in Lara, Adam, and Kain’s digital faces as well. Maybe Embracer group will show more respect
one thing people forget about embracer is the fact tehy don't like funding games with big budgets. to them THQ failed because of this. So the days of AAA budgets for TR and Dues Ex might be behind the IP's. We may get some HD collections and AA future games(in my opinnion that's better vecause neither dues ex or TR should need 60 million budget) if done right both games could do really well
I think square just wanted to get rid of them quickly hence the low price.
A rumored 200 million hit on square is a big deal. So they got their money back and some by selling the cause of the debt.
They probably got upfront payment from Microsoft on the Perfect Dark collab as well.
And before you say 200 million isn't that much... Square fired the creator of Final Fantasy for losing 100 million on the Final Fantasy Movie, got financial support from Sony and had to merge with Enix.
Insane that Squenx believed in their IPs so little. And the fact they’re using the money to invest in blockchain is a metaphorical slap in Lara, Adam, and Kain’s digital faces as well. Maybe Embracer group will show more respect
Yay a 4th console to be aware of now lol
Jk jk... I hope