“We’re going to take things slow": South of Midnight devs now own the rights to all their games again, after quitting Xbox, and are working on a new game
We Happy Few and South of Midnight developers Compulsion Games have announced that they are fully broken up with Microsoft and Xbox, after completing a management buyout.
We Happy Few and South of Midnight developers Compulsion Games have announced that they are fully broken up with Microsoft and Xbox, after completing a management buyout.
The short version
- They now once again own the rights to all their own original intellectual properties.
- When you buy the Steam version of South of Midnight, all your money (after Valve's revenue cut) will go to Compulsion.
- "The team told me we would rather eat rocks and drink gasoline than be split up", says CEO Back in July, Microsoft announced that they were laying off around 3200 people, while spinning out or selling off five of their best-known studios.
What happened
Compulsion aside, Psychonauts developers Double Fine have regained their independence, while Ninja Theory and Undead Labs have been bought by unknown parties. Provost wouldn't be drawn on the exact terms of Compulsion's management buyout, other than to say that it could have been worse. “Everything is relative," he said.
Why it matters
"Compared to all of us losing our jobs on July 6, this is a pretty good deal.
Summary by Nerd News Network. Read the full article at Rock Paper Shotgun via the links above and below.