[Game File] In an industry earthquake, NetEase plans to cut more all-star game studios (More than a dozen)

[Gizmo_Duck]

people familiar with the company's efforts tell Game File. Neither individual was authorized to speak about NetEase's plans publicly.

One of Game File's sources says NetEase plans to divest itself of the majority of its overseas teams, leading to the potential closure of more than a dozen game studios, if they can't secure new post-NetEase funding.

A NetEase rep declined to comment to Game File on these cuts, let alone the scale of more than a dozen that I've heard about. But they did say that "all studios and projects are in constant review and evaluation, and NetEase will determine changes needed to be made throughout that process."

In a season of hurt for much of the game industry, a further NetEase pullback is likely to deliver pain around the globe.

Outside Ouka, NetEase-funded Japanese creators — Nagoshi among them — have been given time to wrap up ongoing projects. The message from headquarters in Hangzhou has been that there'll be no additional funding or time, the people said. There's no plan to spend on marketing or promoting the games currently in production in Japan.

In an industry earthquake, NetEase plans to cut more all-star game studios

More than a dozen teams around the world could be impacted, a source tells Game File.

www.gamefile.news

i posted about this before, looks like the axe is coming down.

https://www.thecoli.com/threads/bloomberg-tencent-and-netease-are-rethinking-their-japan-investment-as-japanese-developers-failed-to-produce-hit-games.1048590/

 

[Gizmo_Duck]

 

[Gizmo_Duck]

The whole pandemic era initiative of big name creators starting their own AAA studios is really crashing and burning.

wouldn’t be surprised if more big publishers start to welcome them back similar to Capcom and Kamiya

 

[MischievousMonkey]

 

[Kingshango]

Nagoshi gonna go back to RGG Studios and be like “Y’all ported Yakuza Kiwami to WHAT?!”

 

[Jaguar93]

My Goats Suda and Nagoshi

 

[The Mad Titan]

*me before the ABK deal.

- "I hope anyone one of the big 3 buys up as many IPs (companies) as possible it's all about owning your IP's now, these Chinese companies really don't care about them"

*Sony stans

- " You just want MS to buy more IP's "

 

[Gizmo_Duck]

*me before the ABK deal.

- "I hope anyone one of the big 3 buys up as many IPs (companies) as possible it's all about owning your IP's now, these Chinese companies really don't care about them"

*Sony stans

- " You just want MS to buy more IP's "

both sony and microsoft shuttered a bunch of studios also

 

[Gizmo_Duck]

Completely forgot they own Quantic Dream also.

i dont think that Star Wars game ever see’s the light of day

 

[The Mad Titan]

both sony and microsoft shuttered a bunch of studios also

MS is also about to publish a long inactive IP.

I was really just trying to emphasize it's better that one of the big 3 get these companies and IPs than anyone from anywhere else.

The other guys really don't look at these IPs as anything more than a ticker on the market

 

[Neuromancer]

Damn. I guess these indies gonna keep me fed for a while.

 

[Canon]

both sony and microsoft shuttered a bunch of studios also

Bro always posting weird shyt

 

[The Mad Titan]

Bro always posting real shyt

 

[CodeKansas]

Chinese publishers being stingy with that yuap?

 

[Hood Critic]

MS is also about to publish a long inactive IP.

I was really just trying to emphasize it's better that one of the big 3 get these companies and IPs than anyone from anywhere else.

The other guys really don't look at these IPs as anything more than a ticker on the market

This is a nonsensical point, the big 3 have even less incentive to do anything with the IPs if there is no perceived profit in them. That leaves the devs picked up in the acquisitions as redundancy.

Why would we want a big 3 to put an IP on ice for years to MAYBE drop later when a small studio could get it out in that time?