Why Krafton Bought Tango Gameworks From Microsoft: CEO Kim Reveals 'We Don't Think Hi-Fi Rush 2 Is Going To Make Us Money'
South Korean gaming giant Krafton's recent acquisition of Microsoft Corp.’s MSFT Tango Gameworks, known for titles like The Evil Within and Hi-Fi Rush, marked a significant move in the gaming sector. The deal, announced on Aug. 13, was driven more by a commitment to preserving creative talent than by financial incentives.
'We don't think Hi-Fi Rush 2 is going to make us money,' Krafton chief says, but they bought Tango Gameworks anyway 'to maintain their legacy'
It's been quite a year for Tango Gameworks. After releasing the acclaimed Hi-Fi Rush in 2023, it was shut down by Microsoft in May 2024, only to be rescued from oblivion a few months later by PUBG publisher Krafton.
Krafton Acquired Tango Gameworks to Preserve 'Hi-Fi Rush' Studio's Legacy
Krafton CEO Changhan "CH" Kim said that the South Korean publisher acquired Hi-Fi Rush developer Tango Gameworks to preserve its legacy.
Krafton CEO Reveals Reason For Buying Tango Gameworks
The chief executive of South Korean publisher Krafton reveals the company's reason for acquiring Hi-Fi Rush developer Tango Gameworks from Microsoft.
PUBG studio doesn't think Hi-Fi Rush 2 will "make us money," but that's not why they saved Tango Gameworks: "The big hit shouldn't be your goal"
PUBG's studio reckons a Hi-Fi Rush sequel might not make the company buckets of cash, but the team wasn't saved from a shutdown to be a money-printer anyway. Tango Gameworks' closure was a shocking headline earlier this year when Microsoft shut down multiple studios,
Krafton Says Tango Gameworks Acquisition Was Driven By Creativity, Admits Hi-Fi Rush 2 Is Unlikely To Make Them Money
Krafton's CEO has said the decision to acquire Tango Gameworks wasn't financially driven, admitting Hi-Fi Rush 2 is probably not going to make money.
Krafton acquired Tango Gameworks to "maintain" its legacy rather than cash-in
Krafton's acquisition of Hi-Fi Rush studio Tango Gameworks was motivated by the desire to maintain its legacy, rather than actually make money. Krafton boss Changhan 'CH' Kim spoke to Game ...
Krafton Says It Didn't Buy Tango Gameworks From Microsoft for Profit: 'We Don't Think Hi-Fi Rush 2 Is Going to Make Us Money'
PUBG publisher Krafton has sad it didn't buy Tango Gameworks from Microsoft because it cares about making a profit, with CEO Changhan Kim admitting "we don't think Hi-Fi Rush 2 is going to make us money.
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Krafton’s Bold Bet on Tango Gameworks: Prioritizing Creativity Over Cash in a High-Stakes Industry Is The New Approach With Hi-FI Rush 2
The game industry is a cut-throat business and Krafton had the guts to bet on passion and creativity over sales. There is no ...
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Krafton CEO reveals one reason it bought Hi-Fi Rush studio
Beyond just adding more games and IP to its expanding portfolio, Krafton had another reason for buying up Hi-Fi Rush developer Tango Gameworks after it was closed by Xbox, and it wasn’t about ...
Microsoft lays off another 650 from gaming division
Microsoft is laying off around 650 employees in its gaming division on Thursday, according to a memo sent to employees.
Microsoft lays off another 650 in gaming division, bringing the total to 2,550
Microsoft is making even more cuts to the staff roster of its Xbox gaming division. The company on Thursday announced plans ...
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More layoffs at Microsoft gaming
Xbox division Software King of the World Microsoft does not appear to have finished firing voles who are surplus to its ...