Square Enix hasn’t had a very successful time with Marvel games lately. First disappointed Marvel’s Avengers numerous fans immediately after the launch and hasn’t really found the right track to this day. And then there was Marvel’s Guardians of the Galaxy – a title that actually appeals to critics and players alike much praised was, for those responsible Square Enix however, did not achieve the desired goals financially.
Million dollar loss for the publisher
What consequences the Marvel projects ultimately meant for Square Enix laid Analyst David Gibson from MST Financial now open. According to his information, the company is said to be around in the period from Marvel’s Avengers to Guardians of the Galaxy Lost $200 million to have. However, it was not disclosed which of the two titles contributed the greater part to this sum.
Square Enix sells Crystal Dynamics and Eidos Montreal
Earlier this week, the gaming industry was swept away by a deal surprised that not only did the Swedish Embracer Group own the developer studios Crystal Dynamics, Eidos Montreal and Square Enix Montreal, but also the associated IPs. Among them are famous brands like Tomb Raider, Deus Ex and apparently also the rights to the Marvel games. All in all $300 million were put on the table for this purpose.
Did Square Enix want to get rid of the studios?
If you compare the purchase price with the deals of the last few months, in which Microsoft, for example, $68.7 billion for Activision Blizzard or Sony pays the Bungie team for $3.6 billion takes over, the 300 million US dollars for Tomb Raider and the studios look very cheap.
Analyst David Gibson is certain that the sale has to do with the losses of recent years. The justification that these studios more or less had to be sold in order to be able to do more in the future Blockchain Technologies However, the expert dismissed being able to invest as “silly”. Despite the losses, Square Enix definitely has no financial problems at the moment.
Source: Metro.co.uk
The post This is how much money Square Enix lost to Marvel games! appeared first on Gamingsym.