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hinch on 02 May 2022
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gtotheunit91 said:
hinch said:

Pump more into FF games. They print money.

Seeing one of the biggest reasons Square sold their western division was to further invest into blockchain gaming, makes me worry that Square is going to start losing even more players if they start infecting their core franchises like FF and Kingdom Hearts with stuff like this. 

If I see FFVII Remake Part 2 or Kingdom Heart IV has NFT's, I'm out. 

and @haxxiy

SE explains the reasoning for the selling here..

https://www.hd.square-enix.com/eng/news/pdf/20220502%20A_Press%20Release_fin.pdf


"The Transaction will assist the Company in adapting to the changes underway in the global business environment by establishing a more efficient allocation of resources, which will enhance corporate value by accelerating growth in the Company's core businesses in the digital entertainment domain. In addition, the Transaction enables the launch of new businesses by moving forward with investments in fields including blockchain, AI, and the cloud. The move is based on the policy of business structure optimization that the Company set forth under the medium-term business strategy unveiled on May 13, 2021.

The Transaction will also provide an opportunity to better align our overseas publishing function with our organization in Tokyo, revisit the current governance structure and associated reporting lines, and advance integrated group management with the goal of maximizing the worldwide revenue generated from future titles launched by the group's studios in Japan and abroad.

Going forward, the Company's development function will comprise its studios in Japan, Square Enix External Studios, and Square Enix Collective. The Company's overseas studios will continue to publish franchises such as JUST CAUSE, OUTRIDERS, and Life is Strange."

In short they'll invest into blockchain AND double down on their more successful parts of the business, which definitely includes Final Fantasy, Kingdom Hearts etc.

They are basically trimming off their not much profitable western output, while testing the waters with blockchain and NFT. Why they would suddenly stop making quality games that give them revenue? :s

Last edited by hinch - on 02 May 2022