
After Xbox’s unceremonious closure of Tango Gameworks three months ago, PUBG-owner Krafton has forged a deal with Microsoft to bring the studio back to life, as well as transfer ownership of the Hi-Fi Rush property. It’s an unprecedented deal that stands in stark contrast to the tens of thousands of layoffs that have gutted the industry over the last two years. And for one of the most talented studios out there, it’s a huge win.