Known for creating the Hitman franchise, as well as Freedom Fighters and Kane & Lynch, IO Interactive are veterans of the industry. As a subsidiary of Square Enix, the two have gone hand-in-hand since Edios Interactive (IO’s parent company) were bought out by Square in 2009.
Microsoft announced its financial results for Q3 of fiscal year 2026, including an update on its gaming Xbox business and more.
Not looking good. Hopefully Asha Sharma is able to turn Phil’s disaster around.
To me it's still quite remarkable how they can cash-in 5.3bn in revenue in a single quarter, since their hardware is basically dead.
The stock mark is what makes Microsoft remarkable, They have convinced every institutional and retail investor to just keep piling money into them. Like many big tech giants they are just a big growing pyramid scheme. As long as people keep dropping money into ETF's that cover the market Microsoft will always be liquid. At the same time it is completely stifling innovation and competition. People need to start being more discreet in how they invest their money as it's killing the system.
Riiiiight because people will just flock back to them for one or two games per year.
15+ years of bad performance is what they call irreparable in business. It is time for them to sell off the assets and get out of entertainment.
These declines are on the back of extra revenue received from releasing games like Forza horizon 5 on PlayStation. So I’m being sarcastic here when I said they should go back to exclusives. Killing off a revenue stream from Ps5 sales will only make things worse
Spiders: "We're going to cut straight to the chase so you're not left wondering: After a long period without clear answers, we have received confirmation that Spiders is being liquidated.
What does it mean? This means the company as a whole no longer exists. We'll cease our functions immediately. The planned DLC will release via Nacon, and then-- well, that's it.
We're sorry that it's come to this and would like to thank each and every one of you for your support over the years.
If you have any questions or run into issues with your games, please contact Nacon directly as we'll no longer be able to reply."
Today, Koei Tecmo announced its financial results for the full fiscal year 2025, related to the period between April 2025 and March 2026.
because that SE has the IP it probably means we won't see another HITMAN ever unless another team develops it but that won't be the same.
Here's hoping SE sells IO's IPs with them. Go on and sell Crystal Dynamics and Eidos while you're at it. Release them already.
SquareEnix sucks to the nth degree. Everything they've touched turns to s**t.
Well shit guess that puts season 2 of Hitman in jeopardy. I hope if IO interactive no longer have rights to the IP they at least create a Hitman spiritual successor in an episodic format.
I haven't picked up Hitman yet, mostly because of the episodic releases, so been waiting a bit for for the physical edition to hit 25-30 bucks.
That said, by all accounts, the new Hitman is a great game, and I'm looking forward to playing it, so this is disappointing news.
Neither Absolution or Hitman 2016 came close to being like Blood Money. Far too many crutches to fall back on, mechanics that once upon of time would have been called cheats, and apart from the visuals changing - the mechanics in most missions were the same. They keep trying to make what has always been a niche game into a blockbuster franchise, and it's never going to happen while they're trying to please two VERY polarising audiences.
At this point it's hard to care. Until it goes to a competent developer that improves upon Blood Money (rather than removing many features, adding episodic content etc) - then good riddance.