Their IP's and studios will probably be sold off at auction like THQ had done back in 2013. Tencent might buy up the IP's but I doubt they want any of these studios, they can develop games in China for half the cost (or less) and they don't have to deal with unions or progressive fags.
The CEO of NetEase basically said last year that the success of Black Myth Wukong signaled to them that Chinese devs can make successful games at a much lower cost so they were no longer interested in investing in Western studios.
Their IP's and studios will probably be sold off at auction like THQ had done back in 2013. Tencent might buy up the IP's but I doubt they want any of these studios, they can develop games in China for half the cost (or less) and they don't have to deal with unions or progressive fags.
The CEO of NetEase basically said last year that the success of Black Myth Wukong signaled to them that Chinese devs can make successful games at a much lower cost so they were no longer interested in investing in Western studios.
Play Chinese games and win Chinese prizes though, Wukong was like the exception but 99.9% of the games made in China are absolute low quality slop
The thing is China has some very good creative property on their own. They dont even need this slop.