Archives by Day

August 2018
SuMTuWThFSa
1234
567891011
12131415161718
19202122232425
262728293031

Hitman

Platform(s): PC, PlayStation 4, Xbox One
Genre: Action
Publisher: Square Enix
Developer: IO Interactive
Release Date: March 11, 2016

About Rainier

PC gamer, WorthPlaying EIC, globe-trotting couch potato, patriot, '80s headbanger, movie watcher, music lover, foodie and man in black -- squirrel!

Advertising





Square Enix Selling Off 'Hitman' Developer IO Interactive

by Rainier on May 11, 2017 @ 12:29 a.m. PDT

Hitman will see players perform contract hits on powerful, high-profile targets in exotic locations around the world.

Square Enix announced today that it has booked the following extraordinary loss in the financial results for the fiscal year ended March 31, 2017.

To maximize player satisfaction as well as market potential going forward, we are focusing our resources and energies on key franchises and studios. As a result, the Company has regrettably decided to withdraw from the business of IO INTERACTIVE A/S, a wholly‐owned subsidiary and a Danish corporation, as of March 31, 2017. This decision has resulted in booking of the extraordinary loss amounting to 4,898 million yen, including disposition of the content production account related to the business and impairment loss of intangible assets, in the financial results for the fiscal year ended March 31, 2017.

As a result of this the Company started discussions with potential new investors and is currently in negotiations to secure this investment. Whilst there can be no guarantees that the negotiations will be concluded successfully, they are being explored since this is in the best interests of our shareholders, the studio and the industry as a whole.

The above‐mentioned extraordinary loss has been fully reflected in the financial results announced today as the “Consolidated Financial Results for the Fiscal Year Ended March 31, 2017 (Japan GAAP).”


More articles about Hitman
blog comments powered by Disqus