Square Enix announced they will abandon the production of previously greenlit HD games (console games).
The total loss amounts to 22.1 billion yen (~ $140.8 million USD).
Moving forward, they will be more selective in the development process with which IPs to work on.
464
499
3K
Replies
This decision was made on March 27th, 2024 during a Board of Directors meeting, and the "abandonment" means basically shutting down future games that were in the middle of production or were to be produced.
Source:
5
38
292
Just for clarification, obviously this doesn't mean ALL games in production, just dropping some that they determined potentially might not yield the profit they expect given the budget that will go into developing these games in its entirety.
The loss is not necessarily a bad…
21
30
298
@aitaikimochi
I can't tell if this is good or bad news. Were these IPs projected to be launch to a loss? It's kind of sad to hear but understandable because Square always has a bad record with games that aren't established IPs, even if they were well received.
10
0
102
@Destropher
I think it’s not necessarily a bad thing because they rather not lose potential money developing games that might not generate a profit, so it’s a smart move in a sense, a calculated risk hedge.
4
1
159
@aitaikimochi
I don't think this will affect the Final Fantasy franchise. It's one of their most popular IP's.
5
0
55
@aitaikimochi
Please someone buy square Enix.
I can’t handle seeing they butchering their IPs anymore.
3
2
35
@aitaikimochi
I hope this means we just get more mainline FF games instead of this constant nostalgia bait for the Emet-Selchs in the audience.
0
0
1
@aitaikimochi
Abandon any "woke" games and game changes and you'll make a fortune.
Remember; when you go woke, you go broke
45
10
176
@aitaikimochi
Mhm. I'm sure Forspoken, Marvel's Avengers and all those Life is Strange games had absolutely nothing to do with it...
2
3
52
@aitaikimochi
Sounds like we can expect far less new IP and smaller scale titles, with a much greater emphasis on Final Fantasy, Dragon Quest, Kingdom Hearts, possibly Mana too, i.e. their more well known franchises.
5
0
54
@aitaikimochi
So what does this even mean? All because FF7Rebirth didn’t sell well as they thought. This is horrible news.
5
0
7
