Square Enix is in the worst economic shape; Over the past few months, the company has suffered huge losses in the millions and its shares have plummeted on the stock market, prompting the person responsible for the legendary Final Fantasy saga. Market experts determined that the reason for these losses are its latest releases, which did not live up to the developer’s expectations.
Square Enix senior executives The emergency protocol worked for them to escape as they see the closing of the studio doors very close, leaving many workers and designers outside. Find out the details of the latest move by a developer who is looking to stay out of the studio graveyard of the gaming industry.
The Square Enix crisis that shows the lack of creativity in the industry
Developer Square Enix has reported more than $2 million in losses in recent months due to low sales of its latest installment Final Fantasy, which was considered as part of the study as a possible financial solution. For these reasons, the developer fully dedicated himself to the project, involving the best designers and in-house studios, making it the most expensive product to develop at Square Enix in recent years. worth 200 million dollars.
Even though there was a lot of work behind this video game, I’m revealing it now companies lack imagination while creating fresh and different stories; Many Japanese critics described the 16th installment of the game as unmemorable, cold and unimaginative. Although this was not the only wrong decision, as another factor that harmed the company was the microtransactions and downloadable content that existed in all the titles released under its signature in recent years, which caused the anger of players who did not follow the projects.
The final solution that angers Sony users
Over the past few years, Square Enix has released its most popular franchises and mainstream video games exclusively on PlayStation platforms, resulting in concentrated revenue in just one market. That’s why the company’s senior managers have decided that from 2025 all its titles will be triple A, will be multi-platform, thereby opening sales in the Xbox or Nintendo virtual stores; This decision caused a stir among Sony users, who are gradually losing exclusive games, raising the alarm of company executives who will try to maintain interest in their consoles.
On the other hand, the developer plans to focus on quality rather than quantity, rThey will structure their commercial units outside of Japan, seeking to improve their market research in the most significant countries for their sagas. Square Enix executives believe these decisions will be final and will keep the company from shutting down.
