Buying a Studio can take 'time' to start paying dividends and need more 'investment' to create a product to sell before they start recuperating their cost. Hence buying Publishers is far more costly - hence Bungie with its Destiny IP cost more than 10x what Sony paid for Insomniac with more IP's because Bungie owns their Publishing Rights to Destiny so Sony can start recuperating costs immediately. If you buy Tomb Raider - Square Enix get money as they 'own' the Publishing Rights to that game, even if they no longer own the TR IP. Point is, all these Studio's and their IP's (new or existing) are owned by MS - MS owns the Publishing Rights - so even if you buy Fallout 4 on PS4 - published by Zenimax originally now 'owned' by MS - MS gets money. Insomniac can make Sunset Overdrive 2 and keep it on Sony Playstation ONLY despite the first being an Xbox Exclusive. Naughty Dog, Sucker Punch and Guerilla were all acquired by Sony too. Sony bought Studio's too - in fact Sony Computer Entertainment were Psygnosis before Sony bought Studio's to 'compete' with Sega/Nintendo. When Spider-Man or Returnal released, they weren't Sony owned IP's made by Sony owned Studio's - and only became Sony owned Studio's after releasing those games. Hi-Fi Rush has released and you have Ghostwire, Redfall, Minecraft Legends, Starfield, AoE4 and Forza to come that we know of now - all made by MS owned Studios, all MS owned IP's. They OWN Mojang and the Minecraft IP too and have done for nearly 10yrs now. Mon 20th Mar Bethesda/Zenimax Studio's are OWNED by MS, have been since March 2021 (2yrs now) and are MS owned IP's - they own Ghostwire, Deathloop, Fallout, Elder Scrolls and Starfield - as noted 'releasing' Sept 6th 2023 and Redfall is coming on May 2nd.Sam & Max: The Devil's Playhouse Remastered.Like A Dragon Gaiden: The Man Who Erased His Name.Sword Art Online Last Recollection (October 6).The Texas Chain Saw Massacre (August 18).
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