There’s no doubt that the most recent iteration of the Hitman series is one of the most well-received installments in the franchise. IO Interactive’s decision to break the game into several episodes and seasons is groundbreaking. Combined with the smooth mechanics and freedom in carrying out assassinations, fans are absolutely enamored with the game. Unfortunately, it’s currently in big trouble.
Season 2 for Hitman is still in development, but it might not come courtesy of the decision by Square Enix to get rid of the studio responsible for the hit game, Gamespot reports. In a recently released statement to its investors, Square noted how it lost $42 million during the previous financial year, which was counted up until March 31, 2017.
As a result of these losses, the publisher decided that it would be best to narrow its approach. This would largely involve changing its focus on which franchises and studios will be receiving support.
"To maximize player satisfaction as well as market potential going forward, we are focusing our resources and energies on key franchises and studios," the statement reads. "As a result, the company has regrettably decided to withdraw from the business of [IO Interactive], a wholly‐owned subsidiary and a Danish corporation, as of March 31, 2017.
"This decision has resulted in booking of the extraordinary loss amounting to 4,898 million yen, including disposition of the content production account related to the business and impairment loss of intangible assets, in the financial results for the fiscal year ended March 31, 2017."
As for how this would affect the next season for the critically-acclaimed Hitman series, IO said that it will continue to work on the game in the meantime, Gamasutra reports. The studio promised to release an update on any developments at some point down the road.
Hitman was one of my favourite games of 2016 and one of the most refreshing games in ages. Desperately hope @IOInteractive pull through!
— Hugo (@Hugo__OS) May 11, 2017


Nanya Technology Shares Surge 10% After $2.5 Billion Private Placement from Sandisk and Cisco
NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission
Palantir's Maven AI Earns Pentagon "Program of Record" Status, Reshaping Military AI Strategy
Makemation: a Nollywood movie that shows AI in action in Africa
Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling
Reflection AI Eyes $25 Billion Valuation in Massive $2.5 Billion Funding Round
AWS Bahrain Region Disrupted by Drone Activity Amid Middle East Conflict
SpaceX Eyes Historic IPO at $1.75 Trillion Valuation
Chinese Universities with PLA Ties Found Purchasing Restricted U.S. AI Chips Through Super Micro Servers
Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic
Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears
California's AI Executive Order Pushes Responsible Tech Use in State Contracts
Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman
Rubio Directs U.S. Diplomats to Use X and Military Psyops to Counter Foreign Propaganda
Elliott Investment Management Takes Multibillion-Dollar Stake in Synopsys 



