this post was submitted on 11 May 2024
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Making game is extremely risky gamble. Sometime studio can spend years working on one game and it might result in subpar sales due to element that's not in their control, like Spec Ops: The Line. Take Obsidian Entertainment for example, over the year we kept hearing how they're financially struggling despite created some of the best RPG, and Microsoft acquisition suppose to free them from this issue to some degree. Same with Tango Gameswork. Zenimax and to some extend Mojang is different case though.
Lot of game studio open and close, if Tango doesn't sold to Bethesda and in turn to Microsoft, it might already closed. Though on the flip side it also mean they're at the mercy of their parent company, it still undeniable that Microsoft is the one killed them in this case.