May 15, 2019
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Starbreeze Studios Sells Developer to Rockstar Games

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The writing has been on the wall for publisher Starbreeze Studios for some time now. With the poor reception surrounding its PC release of Overkill’s The Walking Dead and significant financial losses reported last quarter, the company is expected to fold within the next 12 months. In what appears to be a last ditch effort to minimize losses, the company is now looking to sell off assets in order to remain afloat for a while longer.

One of those assets being let go is Dhruva Interactive, which Starbreeze Studios has sold its nearly 92% ownership of to Rockstar Games for around $7.9 million. Back in 2016, the Swedish publisher had purchased its majority ownership for $8.5 million, which given the recent history of heavy financial losses for Starbreeze, comes as no surprised the…

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