Elite Dangerous Studio Assures Players That They Won’t Be Bought Out Anytime Soon
With video game companies and development studios being bought out left and right in the past few months, the Elite Dangerous community is concerned that Frontier Developments might meet the same fate. Frontier’s CEO and Founder David Braben, however, says that the studio being bought out is highly unlikely.
In an interview with Financial Times, Braben said that it won’t be possible to fully acquire the studio since he and his wife have a 33% stake in the company even if they’re a prime target for acquisition because of their low share price. According to the CEO, their shares acts as a “natural barrier” against any attempts to buy them out. Chinese media giant Tencent has also owned 9% of the company’s shares since 2017.
Braben adds that it’s a shame that video game development studios in the UK aren’t being invested in by their own country but are instead being bought out by big foreign companies.
In other Elite Dangerous news, Update 11’s release has been pushed back to next week to give the developers more time to make sure that everything works as planned. The update is now scheduled to launch on March 8th and will bring Fleet Carrier interiors and notable fixes to the sci-fi sandbox MMORPG.
More information can be found on the Elite Dangerous official forums.
