After working with them on the Titanfall series, Respawn Entertainment is now officially a part of Electronic Arts.
Game studio Respawn Entertainment is known for their work with Electronic Arts on the Titanfall series. Now the company has acquired the studio officially, as Game Informer reports.
Studio founders Jason West and Vince Zampella were involved with the creation of the Call of Duty series. After being released by Activision, they founded Respawn Entertainment and signed a deal with EA to develop Titanfall for the launch of the Xbox One.
Afterwards, the sequel, Titanfall 2, was released in 2016. While it received critical praise, it didn’t sell as well as expected. However, it’s thought that the poor sales figures can be attributed to it being released between Call of Duty: Infinite Warfare and Battlefield 1.
However, the studio isn’t just working on the next title in the Titanfall series. They also have a VR game in the works, as well as a much anticipated Star Wars title.
EA’s official statement can be found below.
“Under the agreement, EA will pay $151 million in cash, and up to $164 million in long-term equity in the form of restricted stock units to employees, which will vest over four years. In addition, EA may be required to pay additional variable cash consideration that is contingent upon achievement of certain performance milestones, relating to the development of future titles, through the end of calendar 2022. The additional consideration is limited to a maximum of $140 million.”
Game Informer also reports that some members of the studio are unhappy with the situation. This is due to some being unhappy about working under a larger publisher. Founder Zampella apparently plans to stay with the studio.