Square Enix faces losses of $33 mil as subsidiary Luminous Productions pivots to create AAA titles

Discussion in 'GBAtemp & Scene News' started by Chary, Nov 7, 2018.

  1. alainvey

    alainvey Member

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    Apr 7, 2016
    Extraordinary loss = loss that is out of pattern and not a meaningful index of the company’s overall performance.
     
  2. Bladexdsl

    Bladexdsl ZOMG my posts...it's over 9000!!!

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    and they wonder why it's losing money? take a look at Final Fantasy XV there's your answer! :creep:
     
    Last edited by Bladexdsl, Nov 8, 2018
  3. Arras

    Arras GBAtemp Guru

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    They may have had some game prototypes that they decided to cancel or something? It's the only thing I can really think of.
     
  4. eyeliner

    eyeliner Has an itch needing to be scratched.

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    Money laundering, boys. Also, ideal scenario for massive layoffs.
     
  5. Kilik410

    Kilik410 Member

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    Oct 11, 2018
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    So, wait, are you saying they didn't learn their lesson from Crystal Tools and tried to go even bigger? If so, then does this mean they had to scrap their new engine?
     
  6. abilaunken

    abilaunken Member

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    If it was a new engine than lets go again into 10 years building the wheel.
     
  7. titan_tim

    titan_tim Member

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    Mar 10, 2009
    The crystal tools is the engine that they upgraded that became competition for the luminous engine. BUT, since both were not progressing quickly enough, and were quite buggy, they decided to merge both the engines into one to finish FF15.
     
  8. the_randomizer

    the_randomizer The Temp's official fox whisperer

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    Remember when SE actually made quality games? That's okay, neither do I.
     
  9. grossaffe

    grossaffe GBAtemp Addict

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    I remember when Squaresoft made quality games.
     
  10. Bellebite2000

    Bellebite2000 GBAtemp Regular

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    Jul 31, 2018
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    That is right, the same clowns how took over the FFVII remake (which was finished by CC2) because they know how to manage schedule and money, now report money and schedule issues, LOL. And of course, whoever put Tabata in charge of the Titanic, the real criminal here, still has his job. Great.
     
  11. raxadian

    raxadian Advanced Member

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    Coding games takes time, more so on 3D.

    Yeah that money wasted in six months is not a lost but investment capital. If the studio was at least a year old with not even a demo to show it would be a different deal.
     
    Last edited by raxadian, Nov 11, 2018 at 5:06 PM
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