Capcom Expects Losses Due to Cancellation of Games in Development

An attendee plays on a Nintendo Co. Switch video game console during the E3 Electronic Entertainment Expo in Los Angeles Calif. on Wednesday

"To support this objective, new R&D facilities and annual hiring have been underway at the Osaka headquarters", Capcom said in a statement.

Capcom Vancouver was primarily responsible for the Dead Rising series, which had been in a bit of a rut as Dead Rising 4 did not land well with fans.

Capcom Vancouver's in-development Dead Rising game has been cancelled as the studio ramps down for closure. However, after a wave of layoffs at the start of 2018, Capcom told GamesIndustry that Capcom Vancouver was transitioning to support the mobile game Puzzle Fighter, which was itself shut down this April.

About 158 employees were impacted by the studio's closure.

Following a press release issued earlier today in which Capcom revealed "the termination of development projects" at Capcom Vancouver, the publisher confirmed in a statement sent to Kotaku that the studio will be closed completely early next year.

Trump tariffs a slap on China's wrist, experts say
The European Union trade chief said the tariff issues between the two should be resolved through the World Trade Organization. China is one of Apple's largest markets, and the tech giant said increasing tariffs on Chinese goods could harm its business.

Fort Trump? Polish leader dangles offer to United States president
Trump said it was "ridiculous" because it benefited Russian Federation and was bad for the German people. The push by Poland comes amid historic rival Russia's increased military activity.

State Department announces cuts to number of refugees USA admits
That number would also be less than a third of the peak annual number allowed during the presidency of Barack Obama. After they are resettled, refugees continue to undergo security checks in the United States for five years or more.

In February Capcom announced it had canceled at least two projects at the studios: an unannounced action-adventure title, and the next Dead Rising title.

Formerly Blue Castle Games, Capcom Vancouver was established in 2005.

A Capcom spokesperson said it appreciates the hard work and contributions of all the staff in creating "unforgettable gameplay experiences for the Dead Rising series and Puzzle Fighter". The result, 2010's Dead Rising 2, was a sales success, resulting in the company being acquired and renamed by Capcom.

Capcom's decision to reallocate its resources comes after one of the Japanese company's most profitable years on record, with January's Monster Hunter: World standing out as both the highest and fastest-selling game in the company's 39-year history. "Capcom still owns the "Dead Rising" brand", the rep said.

Related News:

Most liked

The YouTube Gaming app will be no more in March of 2019
Existing features such as Super Chat and Channel Memberships will be carried over to the main YouTube experience. As it was, YouTube Gaming was just another rather useless attempt to grab Twitch's glory.

US Border Patrol agent accused of being serial killer, slaying 4 women
His bail is set at more than $2.5 million, according to jail records and handwritten notes on warrants for Ortiz's arrest. Ortiz, 35, was an intelligence supervisor with the Border Patrol, according to a report by The Laredo Morning Times .

Hall Of Famers want insurance, revenue from NFL
But on balance, it's not. "As a group we are struggling with severe health and financial problems", the letter read. In many cases, and despite the fact that we were led to believe otherwise, we sacrificed our minds.

Loki, Scarlet Witch Shows In The Works For Disney Streaming Service
Currently, Disney is looking to tackle Loki and Scarlet Witch first, but that's not even the most exciting tidbit. Variety has the news regarding the Loki and Scarlet Witch shows on Disney's streaming service , Disney Play.

Carolinas' crisis escalates as Florence shows its fiercest face
Jordan is donating $1 million each to the American Red Cross and Foundation For The Carolinas' Hurricane Florence Response Fund. On Monday, only nine miles of northbound I-95 in SC were closed, from mile marker 181 to mile marker 190.

Household cleaning products can make kids overweight!
The germ hypothesis of obesity is that these amino acids affect the metabolism, and cause some people to gain weight. Babies born by Caesarean section are more likely to grow up overweight or obese than those born vaginally.

Kim Jong-un to visit Seoul after latest visit with Moon Jae
Moon and Kim resumed their talks on Wednesday at around 10 a.m. (0100 GMT), this time without any other attendees. Cooperation between the two Koreas will be expanded, and the two leaders agreed to draft practical measures.

Federal Agent Admits to Being Serial Killer Targeting Sex Workers
Webb County District Attorney Isidro Alaniz described Ortiz, 35, as a serial killer whose victims were believed to be prostitutes. The district attorney said Ortiz may have posted farewell messages on what they believed was his Facebook page after the escape.

Tesla plummets after report of criminal investigation into Elon Musk’s public statements
Justice Department investigations are less common, and potentially more serious, because they entail possible criminal charges . Earlier this month Musk abandoned plans to take Tesla private after shareholders had persuaded him against the idea.

McDonald's workers strike over sexual harassment policy
Dozens of the company's workers and their supporters held banners, chanted, and detailed examples of their own experiences. In 1912, hundreds of corset factory workers in MI protested against bad working conditions and sexual harassment.

Brett Kavanaugh sexual assault accusation stirs up memories of Anita Hill's testimony
MSNBC on Tuesday aired footage of Supreme Court nominee Judge Brett Kavanaugh joking about his teenage years at Georgetown Prep. If the Federal Bureau of Investigation doesn't investigate the allegation, Feinstein said, "I think it should be delayed".

Sec. John Kerry talks book, President Trump at Powell's
Iran would only think about talks with the United States if the USA returned to the nuclear deal, Zarif told the German news magazine Der Spiegel.

Tim Cook admits it's "not cheap to do" an iPhone Xs
Kuo expects the iPhone XS Max to account for 25-30% of all new iPhone sales and has pushed back the iPhone XS to 10-15% share. In theory, Apple's new LTE connectivity will also help in getting a stable connection in areas with spotty coverage.

Chelsea's Eden Hazard top
The Blues have been drawn alongside PAOK, BATE Borisov and debutants Vidi FC from Hungary in Group L of this year's Europa League. Hazard praised Giroud's ability to hold the ball and link play, saying: "He is a target man and maybe the best in the world".

Trump aide says sex claim against Brett Kavanaugh should be heard
Judge Brett Kavanaugh has accepted the invitation to testify and is scheduled to be Capitol Hill Monday. Blasey Ford's experience is all too consistent with stories we heard and lived while attending Holton".