Former Capcom veteran Hideaki Itsuno will lead LightSpeed Japan Studio, which will be focused on developing AAA action games.
Ubisoft's founding Guillemot family and tech giant Tencent are reportedly considering a complete buyout of the former amidst continued troubles.
Though it's yet to be officially announced by Square Enix, the mobile port will seemingly be called Final Fantasy 14: Crystal World.
Square Enix is collaborating with Tencent for the development of a mobile port of the MMORPG, it's been claimed.
The open world mobile title's launch has reportedly been pushed back into 2025 as Tencent prioritizes DreamStar's development.
The project, now codenamed Kestrel, had to change direction "due to uncertainties in creating a successful game to the rapidly changing free-to-play market and associated risks."
"We'll continue to enjoy full independence in the games that we create and the operation of the studio," Lucid says.
Lighthouse Games will retain full control over its creative and publishing decisions, according to CEO Gavin Raeburn.
The studio says its free-to-play co-op shooter's development is moving at a faster rate, but still remains in the proof-of-concept stage.
Bandai Namco has yet to confirm. Other publishers are reportedly planning to withdraw, though they haven't officially announced so.
Codename Condor is a spin-off of the Control series, while Heron is a "bigger budget" Control title. Vanguard is a F2P title developed with Tencent.
Ubisoft has announced that Tencent is set to acquire a minority 49.9% stake in Ubisoft's parent company. The administration of the company is set to remain unchanged.
Tencent subsidiary Sixjoy Hong Kong will acquire 16.25 percent of the total shares, while Sony will own 14.09 percent of shares.
Nightdive Studios' CEO Stephen Kick says Tencent owns the rights to the third System Shock game, and is in charge of whether or not it gets made.
"We have decided to keep the game codenamed Vanguard longer in the current proof-of-concept phase and postpone the significant expansion of the development team until the year 2023," says CEO Tero Vir...
Codename Vanguard and Condor are in the proof-of-concept stage with the former making "good progress" since the last quarter.
As per this new leak, the game will allegedly use Need for Speed Heat's map and is being built on Unreal Engine 4.
The pendulum swings back again in the story of WB Games, with its studios and IP licenses seemingly up for sale once again.
OtherSide Entertainment hasn't worked on System Shock 3 since 2019, and Tencent seems to be in full control of the IP. as per Spector.
The Game Awards producer and host Geoff Keighley says that "a few" more big games industry acquisitions and deals are coming soon.
