Introduction
Three months after Microsoft announced its closure, Hi-Fi Rush studio Tango Gameworks has found a new home with PUBG publisher Krafton. This significant acquisition marks Krafton’s first substantial investment in the Japanese market, as highlighted in their recent announcement.
Krafton’s Strategic Move
According to Krafton, this transition will not impact the availability of Tango Gameworks’ existing back catalogue, which includes notable titles such as The Evil Within and Ghostwire: Tokyo. Instead, Krafton plans to collaborate closely with Xbox and ZeniMax to ensure a smooth transition and maintain continuity at Tango Gameworks. This will allow the talented team to continue developing the Hi-Fi Rush IP and explore future projects.
Implications for Existing Franchises
Reading between the lines of Krafton’s statement, it seems either they have no interest in continuing The Evil Within and Ghostwire franchises, or they have not acquired the rights to these IPs. Confirmation from Krafton is awaited for further clarity on this matter. However, it seems clear that Hi-Fi Rush will continue under Krafton’s leadership, which provides some assurance to fans of the critically acclaimed title.
Background and Context
Tango Gameworks was founded in 2010 by horror veteran Shinji Mikami, who departed the studio last year prior to its closure announcement. Hi-Fi Rush, a significant departure from the studio’s horror-based roots, proved to be its most critically successful title. Microsoft’s decision to close Tango Gameworks, along with other ZeniMax studios like Arcane Austin, Alpha Dog Games, and Roundhouse Studios, was part of a larger strategy to prioritize high-impact titles and further invest in Bethesda’s portfolio of blockbuster games.
Krafton’s Expanding Portfolio
Beyond PUBG Studios, Krafton owns other notable studios including the Callisto Protocol developer Striking Distance and Subnautica creator Unknown Worlds, indicating its broad interest in diverse gaming experiences. This acquisition of Tango Gameworks aligns with Krafton’s ambitious expansion plans and commitment to bringing beloved gaming franchises to a global audience.