Square Enix's Western studios were a "train wreck in slow motion"

1 year 9 months ago

On May 2, 2022, Stephane D'Astous began receiving emails and phone calls from former employees. The shared tone was a request for advice and perspective: What's happening? Is it a good sign, or should we be worried?

These messages, of course, referred to the shock news that Square Enix had sold Crystal Dynamics, Eidos Montreal and Square Enix Montreal, plus all the IP the trio of studios collectively held, to Embracer Group for a bewilderingly low $300 million.

Even though D'Astous was surprised by the price tag, the Eidos Montreal founder wasn't terribly surprised at how the studios' relationship with Square Enix turned out, saying the roots of its demise were evident even before he left the company in 2013.

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