Sony Computer Entertainment Inc. has sold all of its 9.52 million shares in Square Enix Holdings, ending a long-term financial bond between the companies. Sony has sold the stock to global securities firm SMBC Nikko Securities Inc. for around $47 million. Before this sale Sony had owned around 9.5 million Square Enix shares for over […]
Vice president of strategic marketing at Square Enix North America and Europe, Karl Stewart, has announced on his Tumblr page that he is leaving the publisher today, after 8 years. “It has been an unbelievable ride over the last eight years,” Stewart wrote, in part. “Square Enix is an amazing company, whether you work for […]
Last year, Square Enix placed blame on its financial issues on the sales of Tomb Raider, Hitman: Absolution and Sleeping Dogs not reaching the company’s expected sales. Speaking to Eurogamer, Crystal Dynamics executive producer Scot Amos has revealed that Tomb Raider has reached profitability. “By the end of last year Tomb Raider is in the […]
Square Enix discontinued its game streaming service Core Online just fifteen months after launching in August 2012, the publisher has announced on its website. “Core Online was released as an experiment to see what demand there would be for HD games played via the browser,” Square Enix said. “However, due to limited commercial take-up of this […]