Krafton looking to buy more studios after Tango acquisition
The CEO of Korean firm Tango Gameworks, Changhan Kim, has said that its purchase of Tango Gameworks might be its the first in a line of studio acquisitions.
Speaking to Game Developer, the exec said that it was looking to increase its "portfolio line-up". Kim does say that many of Tango's previous titles might not even have broken even.
"We can't acquire Tango Gameworks based on their financials or their numbers, right? We don't think Hi-Fi Rush 2 is going to make us money, to be frank," he said.
"But it's part of our attempt. We have to keep trying [to develop games] in the spirit of challenge-taking.
"Tango Gameworks are creative. They want to try something new, and we want to do more of that. [Making] video games is really a hit or miss industry, and that is risk taking. But having more project lineups is actually a way to mitigate risk, because one of them might work out."
"They have to work on new projects as well, so there is a great possibility the team will scale up even further."
Krafton acquired Tango Gameworks and the Hi-Fi Rush IP earlier this year after Microsoft opted to close the studio.
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