Yes, this is in relation to the closing of Tango Gameworks and Arcane Austin. Is there some immediate monetary benefit behind it that I have no idea about? Is it so they can keep the IPs and not have to deal with the developers? Are the Studios too expensive for anyone to buy? I honestly don’t understand how these executives play Capitalism.
The benefit: you no longer have to pay staff or rent for that studio. Take the IP’s, what else of value is there really? The rest is just a burden.
Most of them are not bought to ensure their future or as an investment. They are bought to take the IP and eliminate a competitor or threat.
It’s sad, but that’s the problem with big companies with huge wallets. They’ll push people out of a job and won’t loose any sleep over it either.
At least that is what I think.