Krafton, Tango Gameworks
'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.
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.
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 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.
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.
Hi-Fi Rush 2 Probably Won't Make Krafton Any Cash, But That's Ok
They want to try something new, and we want to do more of that." Following its acquisition of Hi-Fi Rush studio Tango Gameworks, Krafton already has plans in place for a sequel to the critically acclaimed rhythm-action game.
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 Developer about the "last minute deal" after the studio was closed by Microsoft alongside Arkane Austin and Alpha Dog Games back in May.
Hi-Fi Rush 2 "Isn't Going To Make Us Money", Says Krafton
A union representing Blizzard workers calls out the "heartless" Microsoft job cuts, "heartless layoffs like these have become all too common." However, a few months after its closure, PUBG publisher Krafton swept in to save the day,
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Krafton Doesn't Expect Hi-Fi Rush 2 to Turn a Profit
With the Hi-Fi Rush IP secured by publisher Krafton at the eleventh hour, Tango Gameworks was saved from the cutting room ...
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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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"We can't acquire Tango Gameworks based on their financials."
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 ...
Krafton Boss Says Hi-Fi Rush Acquisition Was a "Last Minute Deal"
Krafton is a pretty big company, but Microsoft is very complicated," Kim told Game Developer. "We wanted to help the team ...
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Krafton CEO Explains the Decision to Buy Tango Gameworks
Despite being Xbox’s biggest and most charming exclusive released in 2023, the rhythm-based action game Hi-Fi Rush couldn’t ...