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Microsoft Studios acquires rights to Gears of War franchise

XPGZeeR Jan 27, 2014

  1. XPGZeeR

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    Today we're excited to announce that Microsoft Studios has acquired the rights to the “Gears of War” franchise from Epic Games, including rights to all existing and future games, entertainment experiences and merchandise. In addition, we are excited to announce that Black Tusk Studios in Vancouver, BC will take over development of the “Gears of War” franchise and that Rod Fergusson, former Director of Production at Epic Games on the “Gears of War” franchise, will join Microsoft and play a key studio leadership role at Black Tusk on the development of the franchise going forward. We had a chance to chat with Phil Spencer, Head of Microsoft Studios, Hanno Lemke, General Manager of Black Tusk Studios at Microsoft Studios, and Rod Fergusson about the big news.

    Why did Microsoft purchase the “Gears of War” franchise?
    Over twenty-two million units have been sold across all “Gears of War” titles worldwide, grossing over $1B dollars (US). This franchise, and these fans, are part of the soul of Xbox. By acquiring this franchise, Microsoft Studios will continue to offer them more of their favorite games and entertainment experiences from the “Gears of War” universe.

    When can we expect to hear more about the plans for the “Gears of War” franchise?
    Hanno Lemke: We hope to be able to share more news about “Gears of War” later this year.


    Finally, Epic games shared the following statement on the acquisition:
    “Epic Games has reached an agreement to sell the ‘Gears of War’ intellectual property rights to Microsoft. We’re very proud of the franchise we built in close partnership with Microsoft over the past decade and are happy that this agreement enables Microsoft to forge ahead with the ‘Gears’ universe on their industry-leading platforms as Epic concentrates its efforts on new projects,” said Epic founder and CEO Tim Sweeney. “Epic remains totally dedicated to supporting Xbox One and is licensing the Unreal Engine 4 technology to Microsoft in support of their future projects.”




    Microsoft Paid "$100M Or Less" For Gears Of War (Variety of sources say this)

    What do you XPGers think of this? Microsoft buying GoW? And for supposively less than 100million dollars?

    source: http://news.xbox.com/2014/01/games-microsoft-studios-gears-of-war
     
  2. NaCLy AF

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    already posted http://www.xpgamesaves.com/topic/97579-microsoft-buys-gears-of-war-from-epic/#entry508268
     
  3. XPGZeeR

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