That's not the question here. But regardless, it doesn't matter what we need, it's what the system incentivizes. Being the owner of a studio, even a big successful one like FromSoftware, comes with a lot of risk. One bad game and everything can go tits up. Studio owners therefor often have an interest in “derisking” by selling of part of the company ownership. The buyers are often publishers who see those studios as supplier and need to secure their delivery for a while, diversify, etc. This is exactly like the music and movie industries (or any cultural industry in general).
I mean, even in the software industry, this is the modus opperandi for a lot of business : Founder of startup focus on the product and growth until they become valuable enough to be brought up by one of the big company.
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That's not the question here. But regardless, it doesn't matter what we need, it's what the system incentivizes. Being the owner of a studio, even a big successful one like FromSoftware, comes with a lot of risk. One bad game and everything can go tits up. Studio owners therefor often have an interest in “derisking” by selling of part of the company ownership. The buyers are often publishers who see those studios as supplier and need to secure their delivery for a while, diversify, etc. This is exactly like the music and movie industries (or any cultural industry in general).
I mean, even in the software industry, this is the modus opperandi for a lot of business : Founder of startup focus on the product and growth until they become valuable enough to be brought up by one of the big company.