Earlier this year, Microsoft unceremoniously shuttered an industry icon in Tango Gameworks as part of a wider cost-cutting exercise. The move was met with sheer dismay from the wider gaming community.
A union representing Blizzard workers calls out the "heartless" Microsoft job cuts, "heartless layoffs like these have become all too common."
However, a few months after its closure, PUBG publisher Krafton swept in to save the day, acquiring the Japanese developer from Microsoft.
Now, following last month's purchase, Krafton CEO Changhan 'CH' Kim has spoken out, sharing details of the acquisition and what it means going forwards.
Speaking to Game Developer, Kim shared that Krafton's acquisition from Microsoft was a "last-minute deal" put together to maintain Tango Gameworks' legacy.
While the deal to purchase Tango didn't include all of its IP, Krafton saw the value in the beloved Hi-Fi Rush, carving out a specific deal for that property. However, while it was keen on purchasing the IP along with the studio, Krafton doesn't believe that a sequel to the game will be groundbreaking in terms of the company's finances.
"We don't think Hi-Fi Rush 2 is going to make us money, to be frank," Kim said,...
