Embracer sells Borderlands maker Gearbox to Take-Two Interactive for $460 million
(www.gamedeveloper.com)
from simple@lemm.ee to games@lemmy.world on 28 Mar 2024 12:27
https://lemm.ee/post/28031173
from simple@lemm.ee to games@lemmy.world on 28 Mar 2024 12:27
https://lemm.ee/post/28031173
In today’s episode of “watch Embracer crash in slow motion”
threaded - newest
That’s actually a good thing. I’m sure they can handle that franchise better.
gestures vaugely in the direction of KSP2
As much as T2 sucks, this is still probably a positive development.
Until T2 decides to lay-off the developers because they only wanted the IP.
Take-two has always had the IP. 2K, a subsidiary of T2 has published every Borderlands game anyway.
This won’t change anything because Embracer didn’t publish any or the Borderlands games.
At this rate Embracer won’t have any companies left to sell.
One can dream
Let's be honest, was anyone expecting any different outcome from Embracer's hasty growth with cheap money? There was no way this would have worked out.
My expectation was that they were spending money that they mostly already had, but I was very excited to see a company picking up the pieces that the biggest publishers left behind. No one was going to make a new Outcast game before this, for instance. Game publishers used to put out dozens of games of all types per year, and now they might put out 5. They hinged it all on debt that they couldn’t afford though, so they’re ruining the chances of us returning to sustainable normalcy instead of what AAA has been doing for a decade.
It’s not gonna stop. They’re literally just a holdings company that has publicly said they will always act to maximize shareholder value. That’s it’s. That’s all they do. they’re not a game company.