Krafton, Tango Gameworks
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.
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.
'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'
Changhan 'CH' Kim says Tango's real value is the creative talent it brings to the company.
Hi-Fi Rush 2 Won't Make a Profit, and Krafton Doesn't Care
With the Hi-Fi Rush IP secured by publisher Krafton at the eleventh hour, Tango Gameworks was saved from the cutting room floor, a victim of Bethesda's bloody Microsoft-mandated restructure. In a year full of layoffs and studio closures,
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.
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 doesn't think Hi-Fi Rush 2 will make money
Speaking with Game Developer, Krafton's CEO Changhan Kim explained the decision to save Tango was not a financial one. "We wanted to maintain their legacy," he said. "Although they did not have a big success in their games, we saw many creatives worth pursuing. That's why we wanted to work with that organization."
Krafton Acquires Tango Gameworks and Hi-Fi Rush IP
Last month, Krafton acquired both Tango Gameworks and Hi-Fi Rush IP from Xbox. This acquisition means that the studio will no longer be shut down as was previously announced. The move comes after fans of the game were mourning the studio’s shutdown since it was announced last May.
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. Tango Gameworks' closure was a shocking headline earlier this year when Microsoft shut down multiple studios,
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.
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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 ...
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 ...
Gameranx1d
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 ...
IGN1d
"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 ...