Marvel’s Avengers and Guardians of the Galaxy Reportedly Lost Square Enix $200 Million

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Image: Square Enix

Square Enix has been in the spotlight for selling its western studios to Embracer Group. One reason appears to be losses from Marvel’s Avengers and Guardians of the Galaxy. David Gibson (Senior Analyst, MST Financial) says Square Enix lost $200 million from these games.

The remaining $100 million of the purchase price could be for costs associated with the North American branch. Lifetime sales for the Tomb Raider and Deus Ex franchises look good, but Eidos-Montréal has had minimal profit margins in recent years.

The bulk of profits for Square Enix is coming from its mobile gaming, Final Fantasy, and MMO offerings.

Sources: Tweaktown, KitGuru

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Peter Brosdahl
As a child of the 70’s I was part of the many who became enthralled by the video arcade invasion of the 1980’s. Saving money from various odd jobs I purchased my first computer from a friend of my dad, a used Atari 400, around 1982. Eventually it would end up being a lifelong passion of upgrading and modifying equipment that, of course, led into a career in IT support.

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