Game News

Randy Pitchford Discusses Embracer Acquisition of Gearbox

Gearbox studio founder Randy Pitchford is discussing Embracer’s recent acquisition of the studio responsible for popular titles such as Borderlands.

Pitchford says that the acquisition will give Gearbox the opportunity to take more risks.

“We have so many new IP concepts that are in our incubator, that are ready to explode,” Pitchford said, in an interview with GamesBeat.

“We could wait for the right publishing partner who’s willing to make a bet, rather than only take a risk on something they know Gearbox has already done before. Those publishers that have taken risks on us for what we want to see next have always been rewarded. But for some reason they can’t be comfortable with that kind of risk. Now we get to take that risk.

“We don’t have to burn the boats to do it. When Epic did their deal, they ended up selling Gears of War to Microsoft. They burned the boats to show they could do something you’d never expect from Epic before, and [gaming] got Fortnite out of that. We don’t have to do that. We can maximally deliver on the IP we have and pursue new IP as a consequence of this relationship. That’s incredibly exciting for me. I feel like we’re just getting started.”

Anthony DiMoro

Covering Content Creators, Twitch, YouTube, Streamers & the digital culture. Anthony has written for publications such as Forbes and the Huffington Post, among others, during his career.

Recent Posts

Patreon Hires Twitch’s Adiya Taylor as New Corporate Communications Lead

Content creation platform Patreon has officially tabbed Adiya Taylor as their new corporate communications lead,…

2 months ago

Microsoft Bringing Four Games to Rival Consoles

Microsoft has responded to recent reports that there will be changes to it's first-party strategy…

3 months ago

Sega’s Revenue See Rise to $27 Billion

Sega Sammy has released its financial report for the nine-month period that officially concluded on…

3 months ago

CVC Capital Partners, Haveli Investments Acquire Jagex

CVC Capital Partners and Haveli Investments have reached an agreement to acquire RuneScape developer Jagex…

3 months ago

Humble Bundle Surpasses $250 Million Raised for Charitable Causes Around the World

Digital retailer Humble Bundle, whose mission is to do good in the world has officially…

3 months ago

Take-Two Cutting Costs Again Following Sales Decline

Take-Two Interactive, the brand behind such popular gaming titles such as the 2K franchise, has…

3 months ago