280°

Tencent enters in exclusive talks to acquire Warframe parent company Leyou

Recently, reports emerged that Sony was preparing a bid to acquire Leyou. Now, it appears that Tencent is the most likely buyer and have entered exclusive discussions.

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androidcentral.com
morganfell1392d ago

Say goodbye to Warframe as you know it. And Splash Damage, been nice knowing you.

himdeel1392d ago

Yep very bad news. I wouldn't be as worried with Sony stepping in, but them, straight doom and gloom.

darthv721392d ago

Tencent seems to be dipping their toes into just about anything. They have a 40% stake in Epic as well.

Shiken1392d ago

Yeah, say goodbye to one of the actual good F2P games that allows you to get everything with reasonably dedicated gameplay.

You literally did not have to buy anything in this game, you only did it to support the dev. If Tencent steps in, it will never be the same.

morganfell1392d ago (Edited 1392d ago )

I remember when it first came out on the PS3. I thought, wow, right out of an old Phantagram trailer. And you are so correct. You had to buy nothing but I did because I felt guilty playing something so well designed...for free. As you said, repaying the devs.

LordoftheCritics1392d ago (Edited 1392d ago )

We had a good run Tennos.

rainslacker1391d ago

Tencent wants to own everything it seems. Or, "hold it", since they're just a holding company. Or at least have a significant stake in everything. I get that they want to diversify and expand. But damn, they have so many eggs in their basket, it's practically obscene.

+ Show (1) more replyLast reply 1391d ago
Abnor_Mal1392d ago

I thought Sony were also looking to acquire Leyou.

https://www.eventhubs.com/n...

Direwolf4841392d ago

They were. Evidently they were outbid.

Abnor_Mal1392d ago

Seems they were, sad, that acquisition could have possibly helped Sony create an exclusive multiplayer game since a few of the companies under Leyou worked on MP games.

LucasRuinedChildhood1392d ago

It's actually kind of funny because they just invested $250 million into Epic ... who Tencent own 40% of the shares in. It's a cutthroat business, I suppose. Tbh, I think they're are more exciting things for Sony to spend a billion dollars on.

rainslacker1391d ago

This sounds more like a buyout deal than a stakeholder deal. This means that Tencent would have complete control over the studio, and it's IP's. Warframe I suppose has been doing pretty good all these years. Not talked about much, but I hear it has a good following. I could see Sony wanting to acquire it to own the franchise, and maybe have the dev do something new, or expand on WF.

I don't think the Epic deal and them wanting to buy Leyou were connected though, nor would Tencents stake in Epic mean much to Sony unless Sony was just a silent partner in Epic. I have a strong feeling, with no backing other than some guess work, that there is something specific Sony is funding with that money. General investment wouldn't require an announcement, nor is the sum of investment worth much to make it worth announcing....at least outside of shareholder disclosures.

Shikoku1392d ago

Please for the love of God sell to Sony. Tencent needs stopped..

AzubuFrost1392d ago

And yet it's ok for Sony to spread to North America, Europe, China, and other international countries with game devs?

Make some sense pls.

luckytrouble1392d ago

The issue is that Sony is legitimately just building a set of studios to continue expanding their game business. Everything they do is to promote the PlayStation brand on the global stage.

Tencent, nobody is 100% what exactly they're doing. They're just a giant company with known ties to the Chinese government that have been trying really hard to leech as much profit out of the game industry as they can for the past several years.

But I mean, you tell me if you're comfortable having the company that has made propaganda for the Chinese government getting their hands all over the gaming industry.

AzubuFrost1392d ago

luckytrouble

Wanna know something fun? I wouldn't be surprised if Tencent already invested money into Sony. And if Tencent did what will people here going to do?

Angyobangyo1392d ago

@AzubuFrost,

To quote you, "Make some sense pls". Saying, "Wannaknow something fun?" like stating you know that it's a fact that Tencent has invested in Sony, then you go on to use a conditional which is used for imaginary circumstances. Take you tinfoil hat off son.

rainslacker1391d ago

@Lucky

Tencent is a holding company, which basically means they own or are vested in, and manage a bunch of stuff. In this case, a bunch of video game publishers or studios. They're expanding just like any other business really.

They have had rapid advancement, and things they have large stakes in tend to not be all that appealing to hardcore gamers....mostly because they chase after the easy cash more than they seem to have an interest in actual game advancement. But, they still have holdings that are making regular games.

I'd prefer they not keep buying up everything though. Having that much control over an industry is never a good thing, regardless of their intentions or ties to whatever powers may be.

Shikoku1391d ago (Edited 1391d ago )

I'm pretty sure you're a trash sock account just defending this crap.

Shikoku1391d ago

@Rain
No they're are a Chinese business not just a holding company and a front for the communist party other people maybe just fine helping support communism but I'm not.

+ Show (3) more repliesLast reply 1391d ago
Iamnothuman121392d ago

Chinese want their hands in everything.

RememberThe3571392d ago

They certainly have the money for it

Blank1392d ago

Damn ain’t that crappy? Splash Damage have been a nice dev team with a lot of goodwill. One Tencent comes in, they will be forced to do stuff I doubt they would’ve done prior to Tencent buying the parent company. I hope a large portion of talent branches out to make a new dev team. Everything Tencent touches or creates ends up as watered down, money hungry shite.

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150°

Take-Two Interactive is closing two studios, including Rollerdrome developer Roll7

As part of previously-announced layoffs, Take-Two Interactive is closing Intercept Games and Roll7.

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windowscentral.com
LucasRuinedChildhood15h ago(Edited 15h ago)

I loved Rollerdrome and was looking forward to a Rollerdrome 2. 😐

Don't want to be melodramatic but as far you can be upset over video-game news ... bit heartbroken.

I feel like there's a trend of well made games like this going largely ignored by the gaming audience. It's quite frustrating. I hope the devs form a new studio but I suppose they'd have to start again from scratch.

JEECE12h ago

"I feel like there's a trend of well made games like this going largely ignored by the gaming audience."

Yep. I'd love to know how many of us actually bought this game, rather than just getting it on Gamepass or PS Plus. Probably a shockingly low number. Steam concurrents topped out at 419.

I know it's anecdotal, but when I think of my favorite indie games, I still largely think of titles that came out in the 2009-2015 range. Maybe with less competition it was easier to stand out then, but I just felt like at that time there was more recognition of the really great indie games that were worth your time.

senorfartcushion10h ago

Plus would have gotten them some extra money.

TheLigX15h ago

Olliolli 2, olliolli world and rollerdrome are some of my favorite indies of all time. This industry is disgusting lately.

solideagle14h ago(Edited 14h ago)

it's not industry's fault, it's the consumers fault. Audience just wants to play shooter/Battle Royale etc...

Christopher13h ago

No. It's the publisher's fixation on profit margins. They only want the most profitable of products. It's greed.

Inverno12h ago

I wouldn't blame consumers entirely either. If shooters and Battle Royal is all we're given then it's all we've got to buy. If the AAA industry wouldn't follow trends so obsessively it'd be better varied.

JEECE12h ago

There is fault to go around. Some of it is on consumers for sure. We whine constantly about live service games, but then we play them anyway and ignore better smaller titles.

But publishers and platform holders bear some responsibility too. You hear stories come out from indie devs who had big hits in the late PS3/360 to early PS4/XONE window who can barely move units now, and some of that is definitely failure to advertise and poor discoverability. During that era I felt like I reliably heard about the worthwhile indies, and now I don't.

Then there is the game pass effect (and PS Plus to a lesser extent). So many consumers have now been trained to expect to get indies with their subscriptions, they don't want to pay $20-$40 for them anymore.

ZeekQuattro10h ago

When voting with one's wallet goes wrong. I prsonally have no problem with AA or indie games. Often times those are some of the best experiences to be had in gaming. Unfortunately a lot of gamers thumb their noses at indies however. There are success stories but there are just as many casualties or at least it feels that way sometimes.

LordoftheCritics7h ago

It's the game.

Was fun for 10 minutes

JackBNimble6h ago

Has anyone actually taken a look at the economy? If you're really looking to blame someone for layoffs and closers, then maybe blame the people at the top making the bad decisions tanking the economies.
It's like some of you live in a little bubble oblivious to what's going on around the globe.

+ Show (3) more repliesLast reply 6h ago
Gamble2014h ago

If the games made money the studios wouldn’t be closing. Blame consumers for not supporting “indies”

Killer2020UK13h ago

I've got to disagree with the comments blaming consumers. Yes that is a part of it but by and large the money men are closing studios and sacking staff to increase profitability. Let's not forget the obscene salaries they're on compared to the people who actually make the games. Take 2 are not short of cash, this didn't have to happen.

JEECE12h ago

The thing is, some of the Indie devs closing are really independent. In other words, we can blame Take 2 here, but who can we blame other than the consumers when a fully independent dev shuts down because their games aren't selling? There is an answer to that question, it just isn't greedy publishers, even if they are the most fun to blame.

CantThinkOfAUsername4h ago(Edited 4h ago)

Last year, Take-Two president and CEO both got paid 72M combined as a bonus. They could have paid the 600 employees they laid off 60K a year and still get half of that (36M). Strauss' compensation alone is 578:1 compared to a T2 employee's.

TiredGamer7h ago

We created the industry by our purchasing decisions/actions. The industry is slowly imploding. At some point we may be left only with safe mainstays (COD, Fortnite) and franchise/movie tie-ins (Indiana Jones, Spiderman, Batman, Star Wars), along with a contingent of very low budget indie stuff if it can turn a profit.

Sad.

+ Show (1) more replyLast reply 4h ago
notachance14h ago

ah damn, I loved olliolli series

monkey60213h ago

I loved Olli Olli.

I wanted to like Rollerdrome a lot more than I actually did. Shame about the studio though

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110°

New Game of Thrones Video Game In Development

Gravemaster writes: "Game of Thrones and A Song of Ice and Fire is a successful franchise, but it hasn’t had much luck when it comes to video games. Many were released, but only the one from Telltale games received more or less recognition and it was cancelled after one season anyway. Now, we have news of another Game of Thrones game in development."

Read Full Story >>
redanianintelligence.com
anast1d 15h ago

The first 3 or 4 seasons were brilliantly written, then the writers ran out of steam.

SDuck1d 7h ago

Netmarble is one of the biggest mobile developers, if that's not enough indication

DOMination-1d 11h ago

Wow those graphics are incredible

RiseNShine1d 7h ago

Maybe that's what Larian is working on? Or even better, an isometric Witcher CRPG like BG3, a man can dream.

370°

Square Enix Declares $140m Loss Amid Game Pipeline Shakeup

Final Fantasy VII Rebirth publisher Square Enix has declared a $140m loss based on a shakeup of its internal development pipeline.

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techraptor.net
Furesis2d ago

What are they doing over there? Sounds like they canceled something big. I read a rumor a while back about ff9 remake . Here "Final Fantasy IX has gone through a very challenging development, the game is still in progress but may undergo changes drastic enough that we won't hear about it for a couple of years."
This could be one of the reasons if the rumor is true. That was Silknight i don't know how credible he is but it's something and it would make sense.

-Foxtrot2d ago

I hope IX is still on the cards

Just a straight up remake which they expand a little bit nothing over ambitious

If IX dosent happen then VI and VIII will never be thought of.

Kakashi Hatake2d ago

6 and 8 were way more p popular games despite today's cult following of 9.

blackbeld1d 14h ago

I want my FF8 remake! Can't believe they cancelled it.

TiredGamer2d ago

What are they doing? Sales are falling and the costs are out of control. Big releases need to be absolute sales home runs now, and Final Fantasy sales have stagnated.

Now we know why Square didn’t fall over themselves to remake the original FF7 all these years ago. It certainly wasn’t a license to print money, at least not with what the expectations were. Each of these full on remakes drains an enormous amount of company resources for a razor thin profit margin.

TwoPicklesGood2d ago

Breaking the game up into multiple parts was a mistake IMO.

blackblades2d ago

The loses came from cancelling games nothing else.

Tapani1d 16h ago

They lost the magic in the remakes. And the story is incomplete. The original FF7 is still way better. The Remake / Rebirth are just fan service. Like an Anime/Manga with "optional" filler content. FF7 had pretty much zero filler, it was paced extremely well, and still today flows much better than the grindy story and spongey enemy battles in the remakes.

babadivad1d 13h ago

If they released it at once on all platforms, they would have made all of their money back. Could have been on to an FF8 or 9 remake. Ready to cash in again on nostalgia like Capcom. This is their fault for trying to milk the title.

Once I head they were breaking it up into parts, I lost all interest.

+ Show (1) more replyLast reply 1d 13h ago
neutralgamer19921d 15h ago

I hope people understand usually when a loss is declared it means a game which had been in development got cancelled. For example Sony Santa Monica before GOW-PS4 had cancelled a project which Sony had spent 7 figures on

As far as square is concerned they release a bad game once a year. Forspoken anyone?

For those making comments on remake not selling well, I hope y’all realize that Sony is the only reason this remake is happening. If Sony didn’t fund it the remake wouldn’t be happening. Just like Konami didn’t want to remake SH2 because development costs of 100 plus million

shadowT2d ago

Do not miss Final Fantasy 16. Great game!

raWfodog2d ago

I'm waiting for them to release the complete edition bundle, but it's definitely on my list.

PhillyDonJawn2d ago

Wth is going on with the gaming industry?

mandf2d ago

Corporate investors taking everything

TiredGamer2d ago

Not rocket science. Compare sales numbers, development cycles, and budgets to the previous gens. We are all collectively burning up the industry from the inside out. Expectations are ludicrously high now for every release and sales are dropping for even the most prestigious of series.

We used to be satisfied paying $50-60 for a game that took 1/100th the budget and staff to make. Now gamers feel cheated if they have to pay the same for a game that took 100x the budget. We may be reaching the end of the line for this model of gaming.

wiz71912d ago

@tiredgamer I think your point is one that ppl don’t understand and you hit it on the nose .. some gamers don’t want to take accountability but it’s some of the gamers fault the industry is where it’s at .. we as gamers set the standards for the industry not the shareholders , ppl forget that the shareholders and the industry want and need OUR Money. Both the Xbox and PlayStation are seeing a drop in hardware , the industry is very stagnant right now.

Tacoboto2d ago

Speaking to Square:

Turns out their mismanagement wasn't related to the western studios they dumped to Embracer, but their own fault.

With regards to Xbox - a good way to kill your brand is to pull support on high quality titles and only dump B and C-tier titles to it

With regards to PC - Epic Games Story exclusivity for any duration and piss-poor optimization will hurt you.

With regards to FF Pixel Remasters - y'all messed up by barely releasing them on physical, like wtf that was free money!

And lastly, you don't help a franchise by releasing a mainline title that undermines every title that came before it. FFXVI was a DMC-like with bottom-of-the-barrel side quests and I can't imagine that helping Rebirth at all considering its marketing is directly tied to how big that game is.

Tacoboto2d ago

Sony is getting their best titles and with the most polish, so what about it? Nintendo gets their top properties too, for titles that can run on Switch hardware.

It's the other fanbases that get the second- and third-class treatment from Square. If that's due to agreements with Sony, that's not a Sony issue but a Square one for accepting those terms. Sony is doing its best to look out for Sony.

wesnytsfs1d 14h ago

sales and stupid practices like exclusives.

TiredGamer2d ago

The industry implosion is continuing. Sky high budgets, prolonged development windows, stagnant sales numbers, and falling currency values (inflation) are wreaking havoc on the legacy industry. AAA games will slowly become the rarity.

CS72d ago

Sad. Rebirth was one of my favorite games in a long time. Should have sold more.

CrimsonWing692d ago

Oh I’m with you. What’s worse is they can say, “Well we tried to make this amazing game and spend all this money on, but not enough people showed an interest. So no more of these since we can’t take a hit like that.”

The industry is going to take a dramatic shift. Mark my words on this.

rpvenom2d ago (Edited 2d ago )

I think there is quite a large portion of individuals like myself who held out on buying it on PS5 because I can get it on PC eventually. To be able to mod the game and also have custom graphical settings to my liking

gold_drake2d ago

same

but im not sure if it matters at all. im sure they made sony pay a hefty sum for the 3parter to come on ps5 exclusively. so watever they made in sales, might have come bk in profits for square, but i dont know
and we dont know what "underperformed" even means for square.

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