Microsoft Xbox Studios Including Double Fine and Ninja Theory Negotiate to Spin Off to Avoid Closure
By
Jason Schreier
Yesterday's bagel, baked twice. Familiar and a bit tough.
Summary
Several studios within Microsoft's Xbox gaming division, including Compulsion Games, Double Fine, and Ninja Theory, are in active negotiations to spin off and become independent in order to avoid potential closures. The studios are at risk of being shuttered as part of Microsoft's restructuring plans.
Key quotes
· 2 pulledSeveral studios in Microsoft Corp.'s Xbox gaming division, including Montreal-based Compulsion Games and San Francisco-based Double Fine, are in active negotiations to spin off as they try to thwart closure.
Cambridge, England-based Ninja Theory, the maker of Hellblade, is also in conversations with Xbox, as are several other studios across the portfolio that are at risk of being shuttered.
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