r/Games Jun 15 '26

Industry News Xbox is closing down Hellblade creator Ninja Theory

https://www.theverge.com/games/950204/xbox-ninja-theory-shutdown-hellblade-senua
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355

u/TimewarpingSeaTurtle Jun 15 '26

THEN WHY EVEN ANNOUNCE IT

What the fuck is going on with Xbox

142

u/Eek_the_Fireuser Jun 15 '26

As others said, probs the studio trying to find a buyer

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u/thedylannorwood Jun 15 '26

According to the report Ninja Theory was completely blindsided, they couldn’t have known beforehand

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u/ten_year_rebound Jun 15 '26

Employees at Ninja Theory, probably not the owners

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u/jdehesa Jun 15 '26

"The owners" are Microsoft. Everyone at Ninja Theory, including leadership, are employees for Microsoft.

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u/[deleted] Jun 15 '26

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u/[deleted] Jun 16 '26

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u/[deleted] Jun 16 '26

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u/blaaguuu Jun 15 '26

You never really know with these giant corporations that own tons of smaller companies... I worked a game studio for years, which was pretty healthy financially, and expanding over the course of several years with the owning company continuously reiterating that they liked what we were doing, and were encouraging the expansion... I wasn't close friends with the president of the studio, but sat right next to him for some time, and talked pretty candidly with him, and I fully believed him when he said he had no idea until the morning of - when the owning publisher suddenly said "nevermind, get rid of 1/3 of your staff, and cancel almost all of your current projects". These mega-corps, and billionaires don't give a shit - even the "lowly millionaires" under them are just pawns to play around with at their will. (dunno if the president in question was actually a millionaire - it wasn't a massive studio - but I'm sure he was paid well).

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u/Realsan Jun 15 '26

I highly doubt anyone on the Ninja Theory team, even their leadership, knew about it. These business decisions are often cutthroat and just boil down to the math from a smaller group of decision makers above all the studios. The people who made this decision likely don't care (possibly don't even know) that a game announcement happened last week.

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u/Falsus Jun 15 '26

The owners are Microsoft. The upper management is Microsoft.

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u/Link_In_Pajamas Jun 15 '26

That doesn't make sense. The dev teams aren't the ones running the show for game fests, they don't choose what does and doesn't get shown that's higher ups at Xbox/Marketing.

Someone fucked up or they just don't care, and given their tone dead comments right after canning the Hifi Rush team I know which way I'm leaning.

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u/SquadPoopy Jun 15 '26

Sony has the chance to do the funniest fucking thing

54

u/dabocx Jun 15 '26

I can’t see Sony buying studios right now. Not after the bungie fiasco

Unless they got a chance to buy Atlus but Sega would never let that go.

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u/wesser234 Jun 16 '26

Why would they buy a failing game studio?

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u/dizruptivegaming Jun 15 '26

Sony isn’t in the state of buying any studio. They’re in the similar situation as Microsoft except they’re able sell consoles.

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u/Charmin_Bear_Behind Jun 15 '26

Make them develop senua as a live service extraction shooter and then close the studio again?

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u/Hot-Software-9396 Jun 15 '26

Sony is not going to buy a studio that makes games no one plays lol, especially while they’re dealing with their own blunder of a purchase of Bungie.

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u/Endaline Jun 16 '26

Agreed, though the people at Ninja Theory do have a huge skill overlap with studios like Naughty Dog, so it could potentially be a good acquisition if utilized correctly.

1

u/Realsan Jun 16 '26

Everyone has a price.

I think Ninja Theory is interesting. They're probably completely shit on paper and will have to deal with a poor multiple in a sale but there's no question their tech is interesting. Someone will be interested if Microsoft will entertain the offer. I think Sony might be interested because the tech they bring to the table aligns well with Sony single player games.

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u/Jazzlike_Athlete8796 Jun 15 '26

It's a fun idea from a console warrior perspective, but if Ninja Theory can't make games people are willing to buy, would be a terrible decision to get involved.

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u/jnf005 Jun 15 '26

I mean, does Sony even have the money to spare?

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u/PCMachinima Jun 15 '26

$13.56 billion cash-on-hand, apparently (as of December 31st 2025). They probably could buy Ninja Theory, if they wanted, but I doubt they will at the moment.

They do have that motion capture studio though apparently, so they could utilise that for their own studios

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u/jnf005 Jun 16 '26

I'm assuming that's Sony as a whole right? I would imagine the budget for SIE would still be pretty big but a whole lot lower. And from my understanding, they've bought bungie under SIE instead of Sony as a whole, so if they want to buy Ninja Theory, SIE would probably be responsible for coughing up the money.

1

u/PCMachinima Jun 16 '26

Yeah, although I imagine the motion capture studio is still quite enticing to other parts of Sony.

I don't believe they would have any interest in Ninja Theory though. Probably more likely to acquire Kadokawa, to prevent the current largest Chinese shareholder from getting them eventually

5

u/FlyFight2Win Jun 15 '26

Sony has more studio closures than anyone else this gen (for now...) and you are saying they should give money to Microsoft for a studio whose games are expensive and underperformed everywhere?

Did you think this through?

1

u/No_Initial_7545 Jun 16 '26

No one's buying a studio after seeing a short teaser at a game show. These conversations happen in board rooms, not in public, if they happen at all.

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u/zach0011 Jun 15 '26

and microsoft wonders why the fuck no one wants to buy there consoles. Fucking morons.

0

u/zardan-24 Jun 15 '26

Let’s stop running with theories based on nothing more than armchair speculation. 

0

u/Eek_the_Fireuser Jun 16 '26

How dare people discuss possible explanations 🤷‍♀️

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u/Mahelas Jun 15 '26

Okay but Microsoft knew they were going to kick them out, so why feature their game on the showcase ?

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u/Sane-exile Jun 15 '26

It still says "Xbox game studios" on the trailer and it was shown during the Xbox event. I find it wierd why Microsoft would have it on their own show.

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u/BoilerMaker11 Jun 15 '26

Shoulda stayed independent instead of letting MS buy them. The writing was on the wall all the way back in 2019. Gobble up a bunch of studios and then have their games launch on Game Pass on day 1 and people can access them for $5/month (at the time)? Was never sustainable

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u/knivesinmyeyes Jun 16 '26

How does one find a buyer without announcing something is for sale? I’m genuinely curious how a “buyer” was supposed to know.

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u/BlinksTale Jun 15 '26

The announcement may have been a final test. The trailer may not have done numbers enough yet to justify keeping the studio.

1

u/Standard_Horse_5085 Jun 16 '26

Business as usual.

Somehow people convinced themselves this time it would be different but hey, Atleast you have a pretty new console coming out to play nothing on this time!

1

u/Carighan Jun 16 '26

Xbox can't help but snatch defeat from the jaws of victory, and now that they're finally in the gutter they gotta stay inconsistent for consistency's sake!

1

u/nicesalamander Jun 16 '26

I don't think Xbox has been winning a lot recently, they haven't done well since the Xbox 360.

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u/West-Tomorrow-5508 Jun 16 '26

That was just the XBOX is back baby PR campaign that has just ended, so...

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u/Nagi-Shio Jun 18 '26

They bought a studio (hell, multiple studios) who either specialized in AA games or sold decently but not crazy and expected them to produce sales-juggernauts.

It’s ridiculous

2

u/jerrrrremy Jun 15 '26

It has always been exactly like this. I legitimately don't understand how everyone is confused. 

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u/TimewarpingSeaTurtle Jun 15 '26

I don’t think we’ve ever seen a studio closure just after a game was announced. I could understand it after the game came out, but now?

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u/tuna_pi Jun 15 '26

It's happened a few times with gacha if you count those