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>Square Enix, the renowned video game developer, is set to report a $140 million loss in its 2024 year-end earnings due to the cancellation of several in-development projects. The company has decided to adopt a more selective approach to game development, focusing on projects that align with its new strategy. This decision comes after the company reported a loss of ¥22.1 billion in what it calls 'content abandonment losses'. The move has sparked discussions among fans and industry observers, with some expressing concern about the future of the company's game portfolio and others hoping for a more focused and successful future
The second video game market crash happening?
