Transformers: Rise, the upcoming Console MMO Game, seems to be in trouble following managerial positions at LeYou, including its CEO Alexa Xu, leaving the company.
Popular game journalist Josh Ye who investigated the matter had the following to say in addition to his article at South China Morning Post.
“The final years of Leyou hunting for a buyout deal and the ensuing chaos have left a bad taste in the mouth of many who joined Leyou to create games based on famous intellectual properties such as Lord of the Rings and Transformers.“It has dashed the hopes of many who joined the company to create games,” one person said, “It went from having one of the best hands in the gaming business to nothing but another satellite studio for Tencent. It was a place that a PC and console gamer dreamt of working.”
In 2019, Leyou announced that it was helping Amazon to develop a game based on the Lord of the Rings franchise. In the same year, it said that it was developing Transformers Online for US toy giant Hasbro and Civilization Online with 2K Games for the PC and console platform. Multiple persons said that the overhaul at the company has now led to multiple cancelled projects which would incur heavy penalties for Leyou over breached deals with partners.
Ex-Leyou employees said that the company’s ambition to assert itself in the gaming business was thwarted by mismanagement and internal infighting. “People who did not care about games wound up being in charge. It was more interested in dressing itself up for a sale, and they did so by buying famous IPs with which they never intended to go through,” a person said.”
You can read the full statement, after the jump.