By Romero Games provides us an update
- by Ben Kerry
Back in July — as part of substantial layoffs at Xbox — John Romero’s latest endeavor had its funding withdrawn, prior to the game being officially announced to the audience. Following this revelation, the Romero Games studio released a statement indicating that it was still “trying to secure funding” for the project – and the DOOM co-creator has now shared an update on the current status.
In conversation with GameReactor, Romero mentioned that “we have numerous companies that are interested and still collaborating with us [on finalizing a deal]” – adding “we possess the IP, we hold the code, we manage everything about the game.” The studio leader then elaborated on how much capital had been invested into the title so far, before stating that Romero Games was “approximately halfway through” the project before funding was withdrawn.
“We possess the IP, we hold the code, we manage everything about the game, right? So we have numerous companies that are interested and still collaborating with us on it, because when you work on a game for years and you invest, say, $50 million into it, if you switch and start collaborating with someone else, they essentially gain $50 million for free.
Thus, many parties wish to continue working on this, you know, and even if that doesn’t materialize, you are left with $50 million in assets that can be utilized to create something else. So regardless, you are accelerating the completion of your game, right? To facilitate getting your game completed faster, you already have a significant amount invested.”
It’s unfortunate to watch the project take this turn, seemingly caught in a bit of limbo while the studio works on securing a deal for its new title. Back in July, securing another publisher appeared quite promising – but as four or five months roll by, it’s evident that navigating this situation is proving more challenging than initially anticipated.
We will keep an eye on this matter, especially since Romero Games seems very transparent and honest regarding everything occurring. In the meantime, you may review our July updates on the DOOM co-creator’s latest project below.
What are your thoughts on this update from Romero Games? Share your opinions about the situation in the comments.
[source gamereactor.eu]
Ben is a News Writer at Pure Xbox, and has a passion for action, racing, and straightforward shooting in any Xbox title he can get his hands on. When he’s not gripping an Xbox controller as if his life depends on it, Ben enjoys listening to music that’s far too dated for him, watching football on the television, and likely dining somewhere.