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 WWE 2K24 ECW PUNK PACK AVAILABLE NOW UNDISPUTED – Release Date & New Details Assassin’s Creed Shadows Gives Fans A Much Wanted Setting Square Enix Embraces Multiplatform Strategy for Major Games and Franchise Revivals Resident Evil 9 Release Window Rumors

Square Enix, the renowned Japanese video game company behind iconic franchises like Final Fantasy and Dragon Quest, has unveiled a significant shift in its business strategy. In its fiscal year 2023-2024 financial report, the company announced plans to “aggressively pursue” a multiplatform approach for its biggest games and franchises.

The “Square Enix Reboots, and Awakens” plan aims to build “an environment where more customers can enjoy our titles,” according to the report. This strategic move marks a departure from Square Enix’s traditional practice of signing exclusivity deals, primarily with Sony’s PlayStation consoles, for its major releases.

Underperformance and Low Profitability Drive Change

While Square Enix’s sales increased in the HD (High-Definition) game segment due to the releases of titles like “FINAL FANTASY XVI,” “FINAL FANTASY PIXEL REMASTER,” “DRAGON QUEST MONSTERS: The Dark Prince,” and “FINAL FANTASY VII REBIRTH,” the company experienced higher operating losses. These losses were attributed to escalating development costs, amortization, advertising expenses, and content valuation losses compared to the previous fiscal year.

The reports of underperformance for recent high-profile releases like Final Fantasy 16 and Final Fantasy 7 Rebirth, coupled with the acknowledgment of low profitability in the “HD games” segment, have prompted Square Enix to reassess its exclusivity strategy.

Multiplatform Approach for Major Franchises and AAA Titles

Under the new plan, Square Enix aims to release its “major franchises and AAA titles including catalog titles” across multiple platforms, including Nintendo, Xbox, PlayStation, and Windows PC. This decision suggests that previously exclusive games, such as the Final Fantasy 7 series and Final Fantasy 16, may soon be available on other platforms, potentially opening the door for Xbox and PC ports.

Square Enix’s language about finding a wider audience for its games echoes the reasoning provided by Microsoft for its controversial shift toward publishing its games on rival console platforms. The company recognizes the limitations of platform exclusivity and the need to adapt to maximize the reach and profitability of its high-development-cost games.

Revival of Older IPs and Franchises

In addition to the multiplatform strategy, Square Enix plans to “explore ways to leverage its rich library of IP” and “strive to increase its success rate in SD games by launching a carefully curated selection of titles.” This statement hints at the possibility of reviving some of the company’s lesser-known but beloved franchises, such as Parasite Eve or the Chrono series.

Fans of Square Enix’s classic titles have long been clamoring for revivals or remakes of their favorite games, and this new strategy could potentially fulfill those wishes. The prospect of seeing new entries or remasters of iconic franchises like Chrono Trigger or Parasite Eve has generated excitement among gamers.

Embracing the Multiplatform Future Square Enix’s decision to embrace a multiplatform strategy aligns with the industry’s shifting landscape, where exclusivity deals are becoming increasingly less viable at a larger scale. Companies like Microsoft and Sony have also begun exploring multiplatform publishing to reach wider audiences and tap into new revenue streams.

As the gaming industry continues to evolve, Square Enix’s bold move to break free from platform exclusivity and revive its rich intellectual property catalog could position the company for long-term success and solidify its position as a leading multiplatform publisher in the years to come.

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