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Quoted from the ps blog. "teamLFG originated at Bungie, but has also rallied developers from across the industry to bring to life an ambitious incubation project that I’m very excited about. The studio is now fully formed and ready to be introduced to the world. "
 
Our first game is a team-based action game that draws inspiration from fighting games, platformers, MOBAs, life sims, and frog-type games. Players will inhabit a lighthearted, comedic world set in brand-new, mythic, science-fantasy universe. We can’t wait to reveal more.
 
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It is not just Bungie... it started there but there are a lot of others joined to build the new Studio.
It is a inhouse build studio.

We are a team composed not just of industry veterans who have shipped titles like Destiny, Halo, League of Legends, Fortnite, Roblox, and Rec Room, but also industry newcomers with fresh creative perspectives and skills. We are passionate about exceptional action-based gameplay, moment-to-moment game feel, and richly social virtual worlds.

It is a very eclectic team team.
 
Another small Multiplayer team acquired by Sony who will produce a GAAS game for PC and Switch 2.

Sony just keeps doubling down on everything which didn't work out for them in the last 2 years. Instead of focusing only on Single player games which should never be ported to PC, they keep hiring a team that creates an irrelevant game and they keep kneeling down to PC and now Switch players.
 
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Another small Multiplayer team acquired by Sony who will produce a GAAS game for PC and Switch 2.

Sony just keeps doubling down on everything which didn't work out for them in the last 2 years. Instead of focusing only on Single player games which should never be ported to PC, they keep hiring an unimportant team and kneeling down to PC and now Switch players.
That is not an acquisition at all.
It is an in house build studio.
 
This is the Gummi bears project team that Sony took over and added to SIE. They just made it formal now.

(Also this confirms that whatever project they were working on will not be on Xbox).
Exactly... Gummi Bears

Nothing we didn't already know. Just making it officially official.
 
Forgive my skepticism, but this just sounds like another GAAS studio making a DOA title. Seriously can they acquire or create a singleplayer games developer.
 
That is not an acquisition at all.
It is an in house build studio.
It is still a lot of money invested by Sony for a game which won't sell and a studio which will be shut down after a few months, if not weeks after the release of their game.

This studio is another good example of this new post 2020 Sony which is on a mission to make their console and identity irrelevant by giving up exclusivity.
 
It seems they changed their GAAS strategy from 3rd party acquisitions and partnerships (Concord / Helldivers 2) to building in-house studios from the ground-up for that (Dark Outlaws and now this LFG)

I wonder why?

And why they still build-up these studios on very expensive HQ's? WA and CA. Couldn't they build a team in TX or TN or something?
 
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