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Sledgstone

Square Enix selling Tomb Raider, Crystal Dynamics studio and more

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https://kotaku.com/square-enix-embracer-deus-ex-1848866849

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The Embracer Group, a planet-swallowing mass of video game publishers that already includes the likes of Gearbox and THQ Nordic, tonight announced a deal to purchase a number of storied studios and properties from Square Enix.

While the purchase isn’t final—this is just “an agreement to acquire” them until everything is signed off later in the year—the announcement press release says that if approved it will be a USD$300 million deal. For the $300 mil, Embracer will get hold of:

The studios Crystal Dynamics, Eidos Montreal and Square Enix Montreal (the latter of which will presumably be in for a name change), numbering around 1,100 employees worldwide.

The “catalogue of IPs” owned and/or worked on by those studios, including Deus Ex, Tomb Raider, Thief, Legacy of Kain and “the continued sales and operations of the studios’ more than 50 back-catalogue games.” Also of interest: “Crystal Dynamics is actively working on several AAA projects, including the next mainline Tomb Raider game that will deliver next-generation storytelling and gameplay experiences.”

Wow. This is pretty huge. What I'm shocked about is the relatively small price tag of $300 million. Considering Sony bought Bungie alone for $3+ billion it make me wonder if Sony or MS even knew these properties were for sale. If they did, it would have probably caused a bidding war. Microsoft had a solid 1 year exclusive deal for the release of one of those Tomb Raider reboot games, I'm sure they would have bought crystal dynamics and tomb raider by themselves for more than $300 million.


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On some level I can comprehend Sony wanting to buy Final Fantasy 14. If I remember correctly, Sony convinced Bethesda to bring ESO to PS4. Bethesda brought ESO to both PS4 & the 3rd Xbox. Now that MS owns Bethesda, Sony wants to own a bigger MMO.

What I can't comprehend is why wouldn't Sony want to own reboot Laura Croft? Were they afraid they might be too Woke with Laura Croft being better than Nathan Drake? Do they have proof that reboot Laura Croft doesn't sell as well as original Laura Croft? Or is it some other reason?

Edited by Myk JL
Correcting a grammar issue...

Those who fight deplorables should see to it that they themselves do not become deplorables.

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