Company Of Heroes Developer Relic Entertainment Is An Independent Studio Again
Relic Entertainment is officially an indie studio, as the developer behind Company of Heroes 3 has parted ways with Sega. The studio says that it will become an independently run studio in partnership with an external investor and it plans to continue supporting the games it developed at Sega.
Important Update from Relic Entertainment pic.twitter.com/nCcF8olDaC
— Relic Entertainment (@relicgames) March 28, 2024
Founded in 1997, Relic was acquired by THQ for $10 million in 2004. Following the collapse of THQ, Relic was auctioned off and was almost purchased by Bethesda's parent company, ZeniMax. Sega acquired the studio with a winning bid of $26.6 million in 2013, and Relic continued work on sequels to Warhammer 40,000: Dawn of War, Age of Empires, and Company of Heroes. Relic joins a handful of studios that managed to regain their independence throughout the industry, like Toys for Bob and IO Interactive.
Meanwhile, Sega has joined the list of video game publishers who have instituted mass layoffs across the industry. It has cut 240 roles across Sega Europe, Creative Assembly, and Sega Hardlight, while Sega UK studios like Two Point Studios and Sports Interactive appear to be unaffected for now. Following the cancellation of the multiplayer extraction-shooter Hyenas last year, Creative Assembly was hit with layoffs, and now even more employees are being let go this year.
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