This tech firm is stockpiling Chinese gaming hits in order to compete with Sony

This tech firm is stockpiling Chinese gaming hits in order to compete with Sony

One executive, whose studio inked a three-year licensing agreement with Microsoft to promote their game-on-Game Pass, said the US company recently offered a license deal several times larger for a sequel.

“We are not signing it yet because we believe that once we have completed our game, we will receive an even better offer,” the executive explained.

Microsoft paid $2.5 million to showcase action game “ARK: Survival Evolved” on Game Pass, and $2.3 million for sequel ARK 2 – both from US developer Studio Wildcard, which is owned by China’s Snail Games.

Another developer, Recreate Games in Shanghai, stated last year that it had inked a deal with Microsoft for its planned multi-player title “Party Animals” to premiere exclusively on Xbox.

“Xbox contacted several projects in China, with the majority of these projects focusing on developing console and PC games,” stated Chief Executive Luo Zixiong.

Microsoft did not respond to requests for comment via email.

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