Hi-Rez Studios is removing the mantel of being a game studio and undergoing a transformative business process, to say the least. The community is biting its nails about what this means for the games they love dearly, but the people who are being put in charge know what they’re doing. Let’s break down the announcement and I’ll share some of my expert thoughts on the recent changes. The announcement was posted to LinkedIn. Hi-Rez Studios to Become Hi-Rez Ventures This is just a means of branding themselves away from developing games and being a multi-channel organization that supports games and funds the development of games as well. The branding around “Hi-Rez” as the prominent owner of any particular game will likely disappear in the near future as “Hi-Rez” becomes a “parent company.” The subsidiaries have already existed as modulars within Hi-Rez, but this reorganizes them into clearly defined self-contained entities.…
By David Piner