This year has already been a wild ride for Tango Gameworks, the developer behind the fan-favorite action-rhythm game Hi-Fi Rush. Microsoft closed the studio in May, but Krafton then purchased Tango Gameworks in August in a deal transferring Hi-Fi Rush's intellectual property rights to the developer's new owner. And according to Maria Park, head of … Read more
South Korean publisher Krafton became the unlikely savior of Japanese developer Tango Gameworks in August, following Microsoft's sudden decision to close the studio a few months earlier. Tango Gameworks' integration includes the acquisition of the breakthrough hit Hi-Fi Rush, the BAFTA-winning rhythm action game that has reached three million players. In an industry where layoffs … Read more
The latest episode of The GamesIndustry.biz Microcast is now available for download. This week we continue our look at the latest financial results with highlights from Warner Bros, Bandai Namco, Sega and Remedy. We dive a little deeper into Sony and the PS5 sales slump it's facing, as well as our interview with Take-Two CEO … Read more
In May, Microsoft shut down Tango Gameworks, and many lamented the loss of a studio that had operated for nearly 15 years and produced games like 2023’s surprise hit Hi-Fi Rush. Seoul-based publisher Krafton Inc., however, saved the day by announcing that it had acquired both Tango Gameworks and the Hi-Fi Rush IP from Microsoft. … Read more
PUBG publisher Krafton has acquired Tango Gameworks and Hi-Fi Rush IP from Xbox. The firm says it is working with Xbox to enable a “smooth transition” so the Tango team can “continue to develop the Hi-Fi Rush IP and explore future projects.” Tango Gameworks was one of four Bethesda studios that Microsoft announced plans to … Read more