Does Crystal Dynamics still own Tomb Raider?
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Crystal Dynamics does not own Tomb Raider, as the franchise is currently owned by CDE Entertainment, a part of Embracer Group, which acquired the intellectual property alongside Eidos in 2022. The studio, Crystal Dynamics, is now a part of CDE Entertainment and is working on the next major entry in the Tomb Raider series in a deal with Amazon Games to develop and publish the game.
Overview of Tomb Raider Ownership
To understand the current ownership and developments surrounding Tomb Raider, it’s essential to delve into the history of the franchise and its previous owners. Tomb Raider was initially owned by Eidos Interactive before being acquired by Square Enix Europe in 2009. The series has undergone significant changes over the years, with various studios contributing to its development.
Frequently Asked Questions
1. Who owns the Tomb Raider franchise now?
The Tomb Raider franchise is currently owned by CDE Entertainment, a part of Embracer Group, which acquired the intellectual property alongside Eidos in 2022.
2. Who bought Tomb Raider rights?
Amazon has purchased the rights to the Tomb Raider series for ‘$600 million‘, according to a report, with Embracer Group leasing the rights to Amazon.
3. Does Crystal Dynamics own Tomb Raider?
No, Crystal Dynamics does not own Tomb Raider; however, the studio has taken control of the franchise from Square Enix Limited and is working on the next major entry in the series.
4. Is Crystal Dynamics working on Tomb Raider?
Yes, Crystal Dynamics is working on the next major entry in the Tomb Raider series in a deal with Amazon Games to develop and publish the game.
5. Why was Tomb Raider cancelled?
Tomb Raider 2 was cancelled due to creative differences, a bloated budget, and time running out on MGM rights.
6. Why did they cancel Tomb Raider?
The first Tomb Raider film secured $274 million at the worldwide box office but never earned enough for MGM to feel completely comfortable with a sequel.
7. Who owns Crystal Dynamics now?
Crystal Dynamics is owned by Embracer Group, which acquired the studio and several related assets from Square Enix in 2022.
8. Why was Tomb Raider sold?
The reason behind the sale of Tomb Raider is reportedly that the studios were too expensive and difficult to maintain, and Square Enix no longer thought they were worth the time or trouble.
9. Why did Square Enix sell Crystal Dynamics?
Square Enix sold Crystal Dynamics to improve capital efficiency, as the Western studios and their products might have been cannibalizing sales from the rest of the group.
10. How much did Amazon pay for Tomb Raider?
Amazon reportedly paid $600 million to purchase the rights to the Tomb Raider series from Embracer Group.
11. Did Tomb Raider sell well?
The Tomb Raider series has sold over 95 million units worldwide, making it a successful franchise.
12. How much did Xbox pay for Tomb Raider?
Microsoft paid $100 million for the Rise of the Tomb Raider exclusivity deal in 2016.
13. Did Amazon buy Tomb Raider?
Yes, Amazon has reportedly purchased the rights to the Tomb Raider series from Embracer Group for a deal worth approximately $600 million.
14. How rich is the Croft family?
The Croft family fortune is estimated to be around $1.3 billion in total assets, with Lara Croft being the heir.
15. Who owns Legacy of Kain now?
The Legacy of Kain intellectual property is owned by Embracer Group, which acquired it alongside other assets of Square Enix Europe, including Crystal Dynamics, for $300 million in 2022.