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Obsidian possible closing?

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Recent reports indicate that Obsidian is on the Microsoft chopping block as well. Any truth to that?

Insider Gaming
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Obsidian Negotiating With Xbox To Avoid Closure

A new report suggests that Obsidian Entertainment is negotiating with Xbox to avoid closure in the upcoming cuts at the company.
57 minutes ago, TheFirstOneForgotten said:

Recent reports indicate that Obsidian is on the Microsoft chopping block as well. Any truth to that?

Insider Gaming
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Obsidian Negotiating With Xbox To Avoid Closure

A new report suggests that Obsidian Entertainment is negotiating with Xbox to avoid closure in the upcoming cuts at the company.

You answered your own question (possibly unintentionally)

From your link:

UPDATE: In a twist to Dring’s report, Jason Schreier is now reporting that Obsidian is NOT one of the at-risk studios at Xbox.

“Despite a report this morning, I can confirm that Obsidian is not in negotiations to avoid shutting down. Plenty of details are still up in the air surrounding the layoffs (picture will be clear on Monday) but Xbox is keeping Obsidian, according to people familiar with the situation.”

“He who joyfully marches to music in rank and file has already earned my contempt. He has been given a large brain by mistake, since for him the spinal cord would surely suffice.” - Albert Einstein
 

Yeah, looks like they're being hit by layoffs, with the rest of the MS, though.

I cannot - yet I must. How do you calculate that? At what point on the graph do "must" and "cannot" meet? Yet I must - but I cannot! ~ Ro-Man

So not closing just yet, but getting f'd anyways. Great.

"only when you no-life you can exist forever, because what does not live cannot die."

I hope Obsidian has some plans in the drawer to spin back into being an independent studio, or has some other backup plan. Being a Microsoft Studio doesn't seem to promise much of a bright future, these days. Like being in a pool of sharks. Sure, the sharks might be eating someone else right now, but you know you'll be next when they're done.

Never attribute to malice that which can adequately be explained by incompetence.

 

Wasn't the whole point of Obsidian agreeing to join MS about security for the company and its people? They may as well have stayed indie.

22 hours ago, Amentep said:

Yeah, looks like they're being hit by layoffs, with the rest of the MS, though.

Saw a quarter are getting cut

Why has elegance found so little following? Elegance has the disadvantage that hard work is needed to achieve it and a good education to appreciate it. - Edsger Wybe Dijkstra

So the latest news is - if you believe Jason Schreier - that Avowed 2 is pretty much cancelled as well, and they're fully pivoting to a game in the Fallout franchise.

Microsoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video Game

While Obsidian working on a Fallout game could be great, I would hate this to be true. It would mean Obsidian is not even allowed to focus on their own IP anymore.

Edited by JadedWolf

Never attribute to malice that which can adequately be explained by incompetence.

 

Been out of the loop for so long. Bittersweet to hear of the mass layoffs but hope the news of Fallout (and its potential windfall) can revitalize Obsidian.

"Things are funny...are comedic, because they mix the real with the absurd." - Buzz Aldrin.

"P-O-T-A-T-O-E" - Dan Quayle

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