Write what you are looking for and press enter to begin your search!
Live News
Square Enix Loses US$2 Billion In Value Since The New Final Fantasy, But…
Square Enix has lost a ton, but it’s not due to the Final Fantasy game that just came out though.
Shares for Square Enix have plummeted nearly 30% since Final Fantasy 16 came out on 22nd June, with the company losing nearly US$2 billion in value. Reports via IGN’s sources state that the company may not be able to recover from this. While the game sold really well -3 million copies plus during launch week- the sales have slowed down, though it’s hardly a disaster.
What’s missing from all this is that Square Enix suffered this eventual setback due to its past investments: Marvel’s Avengers game which did poorly and cost the company US$63 million and Forspoken this year which probably cost them a lot given its triple-A development and marketing status. People weren’t exactly clamouring for those games to begin with, especially with the way they’re presented and advertised; it’s only convenient for the company to allegedly frame Final Fantasy 16 as the “scapegoat” for their stocks dropping and value plummeting.
In related news, Square Enix has announced two paid DLC and a PC port for Final Fantasy 16 is due.
By Mr Toffee|May 25, 2022
Fighting game fans who aren't sure about jumping into Guilty Gear Strive in 2022 can do so with the upcoming starter pack. The Guilty Gear Strive S...
By Mr Toffee|January 17, 2022
Sony has renewed the Psygnosis trademark and logo in North America. According to business analyst Roberto Serrano, the Psygnosis name was renewed i...
By Mr Toffee|December 5, 2018
A few hours ago, SNK just hosted their IPO conference in Seoul, South Korea. And they have quite a bit to share regarding their financial status and f...
By Team KKP|October 29, 2024
By Kenn Leandre|October 25, 2024
By Mr Toffee|October 24, 2024
By Team KKP|October 21, 2024
By Lewis "lickety" Larcombe|September 18, 2024
By Alisha Alix|August 20, 2024
By Alleef Ashaari|July 17, 2024
By Team KKP|July 1, 2023
By Alleef Ashaari|August 2, 2021
By Alleef Ashaari|February 9, 2022
By Team KKP|October 29, 2024
By Kenn Leandre|October 25, 2024
By Mr Toffee|October 24, 2024
By Team KKP|October 21, 2024
By Lewis "lickety" Larcombe|September 18, 2024
By Alisha Alix|August 20, 2024
By Alleef Ashaari|July 17, 2024
By Team KKP|October 29, 2024
By Kenn Leandre|October 25, 2024
By Mr Toffee|October 24, 2024
By Team KKP|October 21, 2024
By Lewis "lickety" Larcombe|September 18, 2024
By Alisha Alix|August 20, 2024
By Alleef Ashaari|July 17, 2024
By Team KKP|July 1, 2023
Copyright @ Kakuchopurei 2024