Since the Xbox One was announced, we’ve been hearing about the power of the cloud. In the upcoming Crackdown from Reagent Games, it manifests as completely destructible environments in multiplayer.
Shannon Loftis announced her retirement from Microsoft today, after 29 years with the company. Loftis has been with Xbox for decades, having built franchises like Fable, Banjo Kazooie, and many more, and recently revived Age of Empires from its long slumber.
Well deserved. I am 25 years into my career with the same company and looking at retirement.
Congrats hope you get a good retirement package, and you know what start an online business. That is the way to go.
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Tencent is set to buy Sumo Group in a deal worth $1.27bn (£919m), the companies have announced.
Tencent is really buying up everything. I'm surprised everyone is selling to them like this.
No way they are worth that much. They are a support studio. I guess tencent decided to throw them an insane price that Sumo would be crazy to turn down.
Its like the godfather. "Im going to make you an offer you cant refuse"
I've heard some time ago, that they created a special unit that has a mission to search for acquirable devs all around the globe.
I doubt anyone that matters to the actual production of the games is getting a raise. The only thing that has changed is that now they can't buy any Winnie the Poo products for their kids.
Well they’re allowed. America and China are leading the world in toxic capitalism.
As publicly traded companies it's either they sell and potentially get more, or tencent initiates a hostile takeover and buys at least 51% of the shares. These companies might not even be amicable to the buy out but opt to take it because hostile takeovers are terrible.
Yep. A company that built itself by ripping off IP of small, innovative developers and out-marketing them. Tencent is everything wrong not just with gaming but corporate ethics in general, and the assymetric regulatory playing field we for some reason permit from the Chinese government. Egregiously corrupt companies like Tencent should be banned from the US market.
The US market would take Tencent to dinner and have it naked on the bed by midnight if it could. America and China are as bad as each other
They can take Sumo those devs really aren't that great. Sack boys big adventure scored good however but Crackdown 3 wasn't great. They're 50/50 Sony will find a suitable replacement for Sack boy. MS desperately needs a suitable replacement for crackdown, if it's not already too late in terms of fanfare at this point.
Sumo to me isn't that big of a deal there are better devs out there.
This is the same Sumo who made Outrun 2, 2006 Coast to Coast, Sonic Racing Transformed as well as Forza Horizon 2 on the 360. I think they are better than you give them credit for.
You might want to walk this statement back. Why else do you think this game goes for over $200 now?
https://www.ebay.com/p/5144...
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yeah, thats what I thought. $1.3 billion is very high, Insomniac sounds like a bargain deal for Sony!
at the two above me,
it's easy to sell for less when you know you're in good hands business and culture wise. I mean sure you could scratch out some extra money elsewhere but are all the people you know going to be taken care of when you get bought out? Sony takes care of them. Basically you can tell who's a scheming money scumbag by what ceo's/execs choose to be bought by. In the end money talks but there's extras to consider sometimes.
Me too! After looking them up, it seems like they were the parent of other game studios: Lab42, Red Kite, Sumo India, The Chinese Room and PixelAnt Games and also have some cryptocurrency technology.
They may also still hold the IP for back when they were Gremlin Interactive.. back in the Amiga days they were really a dev of some repute.
They're not, it's likely them just throwing money around to make sure they have no opposition. Sumo is a valuable developer as they've assisted in alot of great games. They did LBP3, Sackboy, Sonic Transformed, I believe Assisted in both ModNation Racers and LBPK, Team Sonic racing, just to name the few off the top of my head that I own.
I honestly thought ms or Sony would have nabbed them, seeing as they have worked for both on their respective ips, colour me surprised.
It's a lot of money for a group with no ips, what would they have worked on to keep so many studios and staff employed. For now at least they continue working on ips for the likes of Sony and Microsoft.
Sony and ms have more than enough ips to keep em busy, the price would have been an issue though, that I agree with, just surprised is all🤷♂️
Tencent doesn't exactly pride themselves on original IP anyway. They just steal someone else's. They only need developer drones.
They have enough to make them busy but there is no point in buying the studio that high, they could just make the developers some offers and thats it... heck every single developer could just quit the studio and with what is tensen left? no point in buying a studio with no IP you dont own the developers
I already agreed that the price was high, still don't take away that they could have been used, and be useful to either ms or sony
Microsoft recently released their Xbox Cloud Gaming PC Beta which allows users the opportunity to stream Xbox games to their Windows 10 PCs or laptops. This follows on from being able to use the cloud gaming on mobile devices which works very well but is limited to the size of your screen. Having the option to play Xbox games with a larger display has its obvious benefits.
In other news, water is wet.
Oh so I can hear the blame game already. Oh yay.
Isn't all online games dependent on the user's ISP? David Jones already said you only need 2-4mb/s of Internet transfer speed to make this work so for the majority of the popular, this won't even be an issue.
So in other words.... if your Internet is down it won't work? Lemme guess.. it won't load Web pages, downloads, streaming music or amazing articles like this? *shocked*