250°

Tomb Raider's Lifetime Sales Revealed After Embracer Group Sale

Crystal Dynamics and Embracer Group shared that the Tomb Raider brand has stayed strong and sold 88 million units since its inception in 1996.

Sciurus_vulgaris760d ago

I find it shocking that Square-Enix is selling two studio (Crystal Dynamics and Eidos Montreal) , Deus Ex, Tomb Raider and other game IPs for only 300 million. You would think Tomb Raider alone would be worth hundreds of millions. The franchise is iconic and has lifetime sales of 88 million.

Gears of War in 2014 sold to MS for a rumoured $ 80-100 million. You could argue that from 2006-2013 Gears of War was more successful than the recent Tomb Raider titles (2013-2018). However,I still think the Tomb Raider Ip would warrant a greater sales price due to a longer legacy and brand recognition.

Sciurus_vulgaris760d ago

Edit: Square Enix Montreal is also being sold to Embracer Group as part of the deal.

Nitrowolf2760d ago (Edited 760d ago )

Microsoft reportedly paid 100 million for that timed exclusive Tomb Raider deal also, 1/3 of this deal and Square sold 3 studios and +50 plus IPs

Yeah Embracer def got this at a steal TBH, even if the value of those studios and IPs aren’t as high as they used to be

This is prob just Square looking to get capital fast for their metaverse/blockchain stuff. Or maybe that really was the best offer on the table that they could get

Lore759d ago

Similar to the NFL where GM’s trade players to teams in a different division than their own, maybe Square sold to Embracer so it wouldn’t be to a direct competitor to Sony such as MSFT

TheColbertinator759d ago

I'm not too shocked. Square Enix doesn't know how to handle their western franchises properly and expect ridiculous numbers for franchises that they don't trust too much in the first place.

Not to mention they are using their funds from the sale to invest in blockchain

Sciurus_vulgaris759d ago

Yah you’re probably correct. It seems like Square Enix just wants to make quick funds as they reduce overall operating costs. Selling an iconic franchise and 3 studios for what is essentially “a steal” seems like a quickly made and shortsighted decision.

Inverno759d ago

Not so shocking, Square has shown themselves to be pretty incompetent.

Stanjara759d ago

These are all games that are in the $5 category and need serious reboot... aka AAA investment. This is not FF14 or FF in general where there is a general direction where to go with that IP.

+ Show (2) more repliesLast reply 759d ago
Starman69759d ago

If we're looking for someone to blame, blame Microsoft. Lara was born on playstation (and pc). Buying rights for tomb raider to be a timed exclusive on Xbox is like sucking lemons. Left a bad taste in everyone's mouth.

HardKnockKid24759d ago

Yea!!! Like KOTOR…… oh wait…

HardKnockKid24756d ago

Jznrpg, get outta here. This is the console arena we are talking about. KOTOR and it’s sequel were released on the original Xbox with no PS version in sight. You’re being incredibly selective.

DazaMc759d ago

It came out first on the Sega Saturn in Europe 26/10/1996.

Imalwaysright758d ago (Edited 758d ago )

And Sony paid for an exclusivity deal wich is why TR2 wasn't released on the Sega Saturn.

ChubbyBlade758d ago

How is it Microsoft’s fault for offering money? It’s squares fault for accepting it. Gotta twist things to ha tree that little black box

Starman69758d ago

Can't blame square square due to their financials. Can u imagine the outrage if GTA became a time exclusive. There would be outrage!! Or call of duty!?, Oh wait...! 😐

758d ago
Gamer75758d ago

Actually Tomb Raider was born on Sega Saturn, PS & Windows so it's amusing that people act like it was only a PS game.

Starman69758d ago

Sega Saturn? What is this musical machine your talking about!? Lol 🤣

+ Show (2) more repliesLast reply 756d ago
neutralgamer1992759d ago

I just can't believe how little embracer paid for all that they got

solideagle759d ago

ok I am confused that Square Enix was not happy with new TR sales but it sold 38 million units (3 games) which is amazing. Uncharted on the other hand sold 48 million (5 games?). TR reboot seems to be successful if we just compare the numbers.

Cackocacho759d ago

Sounds like SquareEnix needs money, like, yesterday. Not surprising as practically every major release of theirs over the past 15 years, has ended up in the bargain bin after 6 weeks.

Only games which have been genuine were success were from third party publishing, or outsourced development. SquareEnix hasn't internally developed a great game, since probably FF XII, back in 2006.

Profchaos759d ago

Yet the reboot trilogy failed to meet expectations. Squares expectations are ludicrous

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70°

Every PlayStation Studios game available now on Windows PC

Windows Central writes: "Many PlayStation Studios games that are ported to PC get dedicated PS5 DualSense support, which allows users to experience haptic feedback and adaptive trigger support without actually having to own a PS5.

According to Hermen Hulst, head of PlayStation Studios, it's still the company's intent to launch the bigger single-player games on PS5 first, before later bringing the games to PC. This might not be the case for multiplayer games however, which are considered okay to launch simultaneously on console and PC."

Read Full Story >>
windowscentral.com
ocelot077h ago

My guess is after god of war. Probably last of us 2 that's a almost 4 year old game now and by the time it's released on pc it will be more than 4 years old or close to 5.

Elda1h ago

Every old Playstation game that is now on PC.

110°

Can FSR 3 frame generation deliver the 120fps dream on PS5 and Xbox?

Frame generation technology has arrived on consoles, amplifying frame-rates and potentially transforming experiences.

Read Full Story >>
eurogamer.net
purple10122h ago

adds between 8.3-15.3 milliseconds of latency on the game they tested, - no thanks

darksky4h ago

Base latency is 130.8ms and frame gen takes that up to 139.1ms. A 7% increase in latency is hardly a deal breaker.

Zenzuu4h ago

That's hardly a deal breaker and not really noticeable. Even the folks at Digital Foundry said so as well.

darthv7222h ago

Impressive results... sadly I don't have a 120hz display. I was thinking this technique could increase fps on any game that supports it regardless of the display.

purple10122h ago(Edited 22h ago)

I have a vrr telly in the lounge,

On another point, what if it were the other way around where the developer aims for higher fps, then used something like pssr to make the resolution higher, that might be better?

Any which way, PS5 pro sure looks interesting now, being they have already doubled frame rate, with JUST just this fsr3.0

sagapo3h ago

It’s up to dev’s to implement FSR 3 support tho but most probably will I guess (hope).

andy854h ago

Now I've extensively tried it I'm not too fussed about 120 fps. Give me a locked 60 and more details and I'm more than happy

200°

Former Activision studio Toys for Bob partners with Xbox to publish its first game as an indie

Former Activision studio Toys for Bob partners with Xbox to publish its first game as an indie. This is something of a homecoming, as Microsoft owns Activision.

Read Full Story >>
engadget.com
Obscure_Observer17h ago

Very very early in development. Still, fantastic news!

Let´s GO!!!

Lightning7715h ago

I guess.

How come they didnt either let them go or sell Tango and others to another publisher? Not saying Ubisoft, EA would be any better. (Capcome would of treated them right )

At least it wouldn't be MS of all ppl destroying them.

MS really should let go Tango go like they did TFB here.

darthv7215h ago(Edited 15h ago)

one was under Bethesda (Tango) the other under Activision (TFB). Clearly each one handled the separations of their subordinates differently.

Obscure_Observer14h ago(Edited 14h ago)

"How come they didnt either let them go or sell Tango and others to another publisher? Not saying Ubisoft, EA would be any better. (Capcome would of treated them right )"

Perhaps because Zenimax and ABK handles such matters differently based on their own internal policies as "independent" publishers.

Whoever, chances are it´s simply because MS didn´t wanted Tango or Austin to be acquired by competitors and develop new bangers for them, giving MS a bad rep in a possible future. Which could also be the reason why they ensured an exclusive partnership with TFB and its new game, before anyone else.

Sad and disgusting. But it is what it is.

Lightning7711h ago(Edited 11h ago)

"Whoever, chances are it´s simply because MS didn´t wanted Tango or Austin to be acquired by competitors and develop new bangers for them, giving MS a bad rep in a possible future."

MS has a bad rep now because those studios are no more. I rather them sell the studio continue to make multiplatform releases, while MS continues to focus on whatever they're doing. If they didn't want Tango around they should separated from them or sell them to, like they did TFB.

It's inexcusable, they have options on how to handle studios they don't want anymore with killing jobs. Not just MS but the rest of the industry also.

Sad and disgusting sure how many will get shut down next year or this year even?

I don't trust MS decisions and motivations at this point. You have to admit they make one dumb move after another.

Obscure_Observer3h ago(Edited 3h ago)

"MS has a bad rep now because those studios are no more. I rather them sell the studio continue to make multiplatform releases, while MS continues to focus on whatever they're doing. If they didn't want Tango around they should separated from them or sell them to, like they did TFB."

Imo, MS separated from TFB because they didn´t had a game associated with Xbox yet, unlike Tango.

"I don't trust MS decisions and motivations at this point. You have to admit they make one dumb move after another."

Fair enough. It was indeed an epic dumb move from them to close Tango.

Still, all to be forgotten, like always have. This is not the first time a big publisher shuts down a beloved and/or successful studio out of nowhere and certainly won´t be the last. Do you remember Lionhead? Do you remember Evolution Studios? Yeah... both were beloved studios and yet, those companies kill those studios in q blink of an eye and got away with it.

anast1h ago(Edited 1h ago)

The studio boss made some money from this transaction. Once the game releases, the studio will get chopped up.

-Foxtrot17h ago

Manages to buy their freedom especially after all the shit Microsoft has been doing with its studios lately

...

Goes right back to them as partners.

Okaaaaaay...

darthv7215h ago

Id venture a guess that TFB working directly with MS was a better outcome than working through Activision to get to MS.

VersusDMC13h ago

From the article...

"Toys for Bob spun out as an indie back in February after Microsoft instituted sweeping layoffs that impacted 86 employees, which was more than half of the staff"

I doubt those 86 employees enjoyed the Microsoft experience over Activisions.

Inverno13h ago

MS shuts down studios because of lack of resources and then helps these guys by giving em resources. Also MS is what forced them to buy their freedom in the first place? What kind of logic 😂

Chevalier10h ago

The best thing is that the company that is worth $3 trillion and owns the company instead of Xbox lacks resources. How the hell does a company worth $3 trillion making a measly $70 billion purchase they 'can't' support. Lol

Sciurus_vulgaris15h ago(Edited 15h ago)

Xbox’s gaming division seems to still function as 3 semi-autonomous sub-divisions, Xbox Studios, Bethesda and ABK. The three main sub-divisions can seemingly shut down or build studios and set up partnerships independently. This would explain why Bethesda can recently shutdown studios, while ABK spins off one studio, while building a new one. Plus, Toys for Bob could be spun off by ABK, only to immediately re-partner with Microsoft.

Chevalier10h ago

That's absolutely 💯 BS. Any sane 'autonomous' company would NOT put their games on Gamepass day 1 like COD will lose probably billions.

Also they're all under Xbox game studios so any autonomy is an illusion.

Elda10h ago

Either a kiddie game or something uninteresting.

Obscure_Observer3h ago

Don´t worry. You won´t be playing it anyway since their next game will possible be a next gen Xbox console game.

Elda2h ago(Edited 2h ago)

Don't worry about my comments.

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