The games industry sure is a cruel mistress. NetEase is rethinking their investment into Japan and closing Ouka Studio a day after their first game, Visions of Mana, released. Tencent is also backed out of funding commitments for several JP games.
NEW: Tencent and NetEase are rethinking their Japan investment as Japanese developers failed to produce hit games. NetEase cut many staff at Ouka Studio with a plan to shut it down while Tencent backed off from funding commitments on several projects.https://t.co/89nXAwVFYa
— Takashi Mochizuki (@6d6f636869) August 30, 2024