
Krafton Rescues Tango Gameworks and Hi-Fi Rush
Following Microsoft's announcement of Tango Gameworks' closure, Krafton Inc., the publisher behind PUBG, has acquired the acclaimed studio and its hit rhythm-action game, Hi-Fi Rush. This surprising acquisition saves the studio and its popular IP from closure.
Tango Gameworks to Continue Hi-Fi Rush Development and Explore New Projects

Krafton's acquisition includes the rights to Hi-Fi Rush, ensuring its continued development. The company will collaborate with Xbox and ZeniMax for a smooth transition, maintaining continuity for the team and ongoing projects. Krafton explicitly stated its intention for Tango Gameworks to continue developing the Hi-Fi Rush IP and pursue new ventures. The press release emphasized Krafton's excitement about its first major investment in the Japanese gaming market.
Existing Game Catalog Unaffected

While Tango Gameworks' future is now secured under Krafton, the ownership of other IPs like The Evil Within and Ghostwire: Tokyo remains with Microsoft. Krafton confirmed that the acquisition will not affect the availability of these titles. Microsoft expressed support for Tango Gameworks' continued development efforts under Krafton's ownership.
Hi-Fi Rush's Continued Success
Hi-Fi Rush's critical acclaim, including awards for Best Animation (BAFTA) and Best Audio Design (The Game Awards and Game Developers’ Choice Awards), played a significant role in this unexpected turn of events. The studio's last day was documented on social media, highlighting the emotional impact of Microsoft's initial decision.

Hi-Fi Rush 2 Remains Unconfirmed
While rumors of a Hi-Fi Rush sequel being pitched to Xbox prior to the closure circulated, Krafton has yet to officially confirm any plans for a sequel. However, the acquisition opens up the possibility of future installments. Krafton's statement highlights its commitment to supporting innovation and delivering exciting experiences for fans.

The acquisition of Tango Gameworks represents a strategic move for Krafton, strengthening its global presence and portfolio with high-quality content. The future of Tango Gameworks and the Hi-Fi Rush franchise appears brighter than it did just a few months ago.