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NetEase May Sell or Close More Game Studios.
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NetEase May Sell or Close More Game Studios
The gaming industry is buzzing with news about NetEase, the Chinese gaming giant. It seems they’re scaling back their international gaming investments, a move that started late last year.
Shifting Strategies at NetEase
Initially, NetEase cut jobs and paused projects at studios like Worlds Untold, Jar of Sparks, and Liquid Sword. A new report suggests they are now actively looking to sell off more of their non-Chinese studios.
Studios Potentially on the Chopping Block
Sources indicate that NetEase intends to divest most of its overseas teams. This means studios such as Quantic Dream and Grasshopper Manufacture could be sold and if no buyers are secured, there is even the potential risk of closure.
Here’s a glimpse of other studios that might be affected:
And the list potentially goes on.
NetEase’s Response
NetEase is keeping things somewhat vague, stating that all studios and projects are under constant review and evaluation. They claim that changes will be made as part of that ongoing process.
Recent Developments
It’s has not been a great period of time for NetEase. Recently, NetEase also made job cuts within its US-based Marvel Rivals team. Although they claim to remain committed to global expansion, many people think