Square Enix Is Rethinking How It Approaches Games, And It's Coming At A Huge Cost

George Yang
4/30/2024

Square Enix has announced that it expects to lose $140,000,000 in "content abandonment losses" for the fiscal year, which ended on March 31, 2024.According to a new financial report, the Square Enix Board of Directors met at the end of March to discuss how to move forward with game development. Square Enix has reaffirmed its stance on being more selective about which games to develop. Upon close examination of Square Enix's current development pipeline, it seems like there have been several projects canceled and will result in a 22.1 billion yen, or $140,000,000, loss as a result of abandoning them. Square Enix did not name or reveal which ones were canceled.Square Enix president Takashi Kiryu revealed earlier this year that it would be revising its game development processes to focus on fewer, but higher-quality, titles. Furthermore, he said that Square Enix would be aggressive in applying AI to both game development and publishing pipelines.Continue Reading at GameSpot...

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Categories: AI | Financial | Games | Tech

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