190°

Embracer paid too little for Tomb Raider and Deus Ex and that’s a good thing

The purchase of Tomb Raider and Deus Ex by Embracer for what amounts to corporate pocket change may actually point to a positive future.

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xboxoutsider.com
768d ago Replies(1)
GoodGuy09768d ago

I think square just wanted to get rid of them quickly hence the low price.

NotoriousWhiz767d ago

Square is becoming a junkie that needs its NFT fix.

Sgt_Slaughter767d ago

Which is a horrible business decision considering how far gone NFTs are from the public eye. It's a dead market, it was never going to last.

VersusDMC767d ago

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.

pietro1212767d ago

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.

VersusDMC767d ago

I stand corrected but it means the same thing. That 100 mil loss was so bad Enix was thinking about backing out of the merger.

And Square went to Sony for financial help(they bought 18% stocks) because of the 100 million dollar loss on Spirits Within.

Just saying 200 million isn't corporate pocket change to Square enix.

jeromeface767d ago

spirits within was also 21 years go... so it was alot more than 100m in todays money

Psychonaut85767d ago (Edited 767d 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

Outlawzz767d ago

Yay a 4th console to be aware of now lol

Jk jk... I hope

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40°

Woodrunner Games Reveal Teaser - Future Games Show Summer Showcase 2024

The Summer Showcase wrapped up with a taste of what’s to come from Woodrunner Games, an indie studio featuring developers who worked on Cuphead and Rick and Morty. The game will be fully revealed later this year, so keep your eye on the studio’s social channels and website for more.

190°

Is Xbox Going Multi-Platform The Right Decision For The Console Market?

Shahmeer from eXputer: "The new Xbox strategy to go multi-platform could eventually change console gaming as we know it, and I am concerned."

Bathyj4h ago

Can we stop pretending that Xbox has any great influence over the console market?

All they can do is try and steer their own Destiny. They have very little to do with what the other players in the console market are doing.

And yes, going 3rd party is pretty much their only option and is good for them.

RaidenBlack2h ago(Edited 2h ago)

Still whatever little direct competition they're offering against Sony ... that'd be gone, which is never good for consumers.
I know Sony will continue to apease the gamers but without any proper competition in same space, they might not work at the fullest efficiency.
(Taking into account, thats generally been agreed here, that Nintendo has long been not the direct competitor to either MS or Sony)

xHeavYx1h ago

The " without any proper competition in same space, they (Sony) might not work at the fullest efficiency" narrative has been proven false for years. Let's stop pretending that, in terms of games, Xbox has been any competition to Playstation.

fsfsxii43m ago

Sony had 0 competition for most of its playstation business, and they still succeeded, the only thing xbox introduced was paid online and dlc

maniacmayhem38m ago(Edited 37m ago)

Sony had little to no competition during the PS2 era and they have an iconic catalog.

I don't think Sony needs competition in the console space to still release great games. It would be the games that would be competing against each other.

anast4h ago

The show was like a sub-show for Sony. All these games are coming to PS5.

3h ago
outsider16243h ago

You gotta admit though..xbox showcase was actually really great.

RpgSama3h ago

I mean, yes, it was an Activision, Blizzard, Bethesda presentation, they just so happened to buy all of those publishers, nothing we would not have seen on any other award show if they had not bought developers that were and STILL are developing multiplatform games.

If you remove them you are left with Microsoft game studios, another Fable, Another Gears, Perfect Dark which for me didn't look all that great, Avowed, Age of mythology and south of midnight (might be missing something I guess)

anast2h ago(Edited 2h ago)

No better than any other show. There weren't any major new announcements, which is what everyone has been complaining about. The bar shouldn't get lowered for a trillion dollar company.

crazyCoconuts2h ago

"another Fable, another Gears, Perfect Dark"?
That's a lot of pretty great "anothers".
I could use a few of those "anothers" from Sony right now.

helicoptergirl1h ago

Yes it was a really great showcase that Xbox had. Multiplats and all. Overall it was really cool

Terry_B48m ago

for pc and playstation..yes it was. Not a single reason was given to buy an xbox.

+ Show (2) more repliesLast reply 48m ago
thesoftware7302h ago

anast,

"All these games are coming to PS5."

Very disingenuous statement... Some, but not all.

Oh, so that is the new narrative, "sub-show for Sony." lol, wow.

The sad part is that you are clearly and fully aware that it is very unlikely for any 1hr and 30min gaming presentation show to showcase ALL Exclusives, it just doesn't happen.

And don't you think it sad that MS had a better Sony showing than Sony? If I were you, I wouldn't consider that a flex, lol.?

crazyCoconuts2h ago

None of us really know how much they're going third party. They're still ACTING like they want to protect the platform - no mention of PS5 in their show, still marketing the console, still using the Xbox logo.
Yeah Phil acknowledged more is coming to PS5. But is that Indiana Jones? Perfect Dark? Gears?
If they keep those key properties in their stable it's not accurate to label them as simply 3rd party.
They may very well still be in the game after all...

+ Show (1) more replyLast reply 48m ago
Giga_Gaia4h ago

We need to stop pretending like Xbox matters and has any influence in the industry.

By entering the industry, Microsoft made it worst, everything bad in the industry can be tied to them (like paid online and DLCs). The industry would be better off if they had never been in it.

Before you say Sony would have no competition, they would still have PC and Nintendo. As they are right now, Microsoft are not competition, they don't actually matter.

crazyCoconuts2h ago

I think you're mostly right. They've been failing on console and will most likely drop out.
But the concern a lot of us had was that they would use their $ to win monopolistically. They've already bought a huge number of big studios. Going multi-platform would alleviate that concern.
But they could still turn the screws, this game isn't over quite yet... They're sending mixed signals.

CrimsonWing694h ago

I think in Xbox’s direness it is, but let’s not pretend like they don’t understand the value of exclusiveness to their platform. Not every damn Xbox game is coming to PS5 and the stuff that has hit have either been GaaS games or games that didn’t exactly sell gamgbusters and are extremely niche.

When Halo, Gears, Forza, Perfect Dark, Fable, etc. start coming to PS5 then that’s pretty massive and also diminishes any reason to own an Xbox.

LucasRuinedChildhood3h ago

Doom isn't niche. It was heavily implied that all Bethesda games, outside of games with contractual agreements and the existing multiplayer games, would all be exclusive to Xbox.

CrimsonWing692h ago(Edited 2h ago)

Ok, sorry, Doom is the exception.

My point is Xbox is still keeping exclusives for their bigger games. What’s been released are GaaS: Sea of Thieves, Grounded aka Honey I Shrunk the Kids, and then niche stuff like Pentiment and Hi-Fi Rush. Then you got Doom coming out, which is an outlier, I suppose.

crazyCoconuts2h ago

It's not niche but it's not everything.
MS has got a HUGE cache of IP and studios now

Scissorman3h ago

It's the only decision. Hardware sales are on a sharp decline and Game Pass growth has stagnated.

Show all comments (28)
70°

Baldur's Gate 3 Devs On Larian's Next Game: "Let Us Cook"

Larian touches on its next projects, sharing that the cinematics will be bigger and better than Baldur's Gate 3's.

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thegamer.com
phoenixwing14h ago

If the cinematics are bigger and better I hope they don't cost more as well