Krafton Clarifies Tango Gameworks Purchase: Profit Isn't the Goal
Sep 19, 2024 1:29 PMKrafton has officially acquired Tango Gameworks, the studio behind the rhythm action game Hi-Fi Rush, despite concerns about profitability. CEO Changhan Kim emphasized that the decision was driven by a desire to preserve the studio's legacy and support creative talent rather than financial gains. Although Hi-Fi Rush was a success, the studio's overall performance was not deemed financially strong, leading to its reportedly troubled position prior to the acquisition. Krafton intends to focus on expanding its portfolio while encouraging creativity, aiming for the development of Hi-Fi Rush sequels.
Why did Krafton acquire Tango Gameworks despite mixed financial success?Krafton acquired Tango Gameworks not primarily for financial reasons but to support the studio's creative potential and legacy, wanting to keep the team intact to continue developing games, especially Hi-Fi Rush sequels.
Hi-Fi Rush was released on January 25, 2023, and marked a significant departure from Tango Gameworks' history of horror titles like The Evil Within and Ghostwire: Tokyo. It received positive reviews for its unique art style and innovative gameplay, resonating well with both players and critics. The unexpected success and rapid increase in player count highlighted the game’s appeal, showcasing Tango Gameworks' ability to branch out from its traditional genre. Following its initial success, however, the studio faced closure, raising concerns that Krafton's acquisition might be pivotal in the continuation of the Hi-Fi Rush legacy.
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Stimpy commented on: 2024-09-19 14:36:04
It’s great to see Krafton prioritizing creativity over just the bottom line with the acquisition of Tango Gameworks. Hi-Fi Rush has shown that there's a lot of potential in innovative gameplay, and preserving that artistic direction could lead to some really exciting sequels
Rolling R!ck commented on: 2024-09-19 14:30:03
Krafton's decision to acquire Tango Gameworks shows a refreshing shift in focus, valuing creative vision over immediate profits. It's exciting to think about what new heights Hi-Fi Rush could reach, especially if the studio can maintain its unique flair while exploring sequels
Mr. Bison commented on: 2024-09-19 14:18:03
It's cool to see Krafton stepping up to preserve Tango Gameworks' creative spirit, especially after the unexpected success of Hi-Fi Rush. Focusing on nurturing talent instead of just chasing profits might just be the fresh approach the industry needs to foster innovative game development.
