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Opinion: How will Project 2025 impact game developers?
The Heritage Foundation's manifesto for the possible next administration could do great harm to many, including large portions of the game development community.
Digital Extremes entered into an agreement with Sumpo Food Holdings in June -- and, today, that deal came closer to going through, with Perfect World getting Warframe console rights out of it.
In June, Canada-based Warframe developer Digital Extremes tentatively agreed to a deal to have a majority of its shares acquired by a pair of Chinese companies, and today, that deal took another step forward. All parties have agreed to the proposed deal. When the transaction completes, Multi Dynamic Games Group, a subsidiary of Sumpo Food Holdings, and Perfect Online Holding, the parent company of online game publisher Perfect World, will own 61 percent of the studio between them; the transaction is valued at a total of $73.2 million. Sumpo is to get 58 percent, while Perfect World picks up only 3 percent of shares -- but also the exclusive rights to publish Warframe on game consoles in Mainland China. The game is currently available on Xbox One and PlayStation 4 in the West. Microsoft's console recently came to China, and it seems likely Sony's will soon follow suit.
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