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Company type | Subsidiary |
---|---|
Industry | Video games |
Founded | 2006 |
Headquarters | , Italy |
Parent | Digital Bros |
Subsidiaries |
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Website | 505games |
505 Games S.p.A. is an Italian video game publisher based in Milan. [1] It was founded in 2006 as a subsidiary of Milan-based Digital Bros.
In 2004, Digital Bros created a publishing label entitled 505 GameStreet that would release mainly budget-priced video games in Europe and Australia, mainly those taken from D3Publisher's Simple series. [2]
In 2006, 505 GameStreet was reestablished as a standalone subsidiary entitled 505 Games, based in Milan. [3] The company found its early success through its video games such as Cooking Mama and Zumba Fitness . [4]
In April 2012, 505 Games took over publishing duties from THQ for the fitness game Adidas MiCoach, following a lawsuit between THQ and Adidas. [5] In April 2013, they acquired the license of Drawn To Life series. The purchase included rights to the franchise as a whole. [6] In November 2013, it canceled Ashes Cricket 2013 and issued refunds. [7] In April 2014, 505 Games announced a publishing agreement with Adam Orth's Three One Zero of the game Adrift . The game is described as a first-person experience, where the player controls an astronaut exploring debris of a wrecked station in outer space. [8] In January 2015, 505 Games confirmed the acquisition of the intellectual property (IP) rights to the multi-award-winning Game of the Year 2013, [9] Brothers: A Tale of Two Sons from Starbreeze Studios. [10] In April 2015, 505 Games announced a publishing agreement with Swedish game developer Starbreeze for the game Overkill's The Walking Dead , which released in late 2018. [11] A month later, 505 Games announced a publishing agreement with game developer Overkill Software for the game Payday 2 Crimewave Edition. [12] In August 2016, 505 Games announced it would be publishing Virginia from Variable State. [13]
In March 2015, 505 Games purchased 2.67% stock of Swedish game developer Starbreeze Studios. [14] In January 2016, 505 Games announced that they will shift their focus from publishing games for other developers to developing their own intellectual properties. [15] In October 2016, 505 Games has announced through Koji Igarashi, their collaboration in publishing Bloodstained: Ritual of the Night from Igarashi's own ArtPlay, DICO and Inti Creates, though Inti's involvement has been reduced. [16] At the Sony E3 press conference on 11 June 2018, 505 Games announced a partnership with Remedy Entertainment to publish Control . [17]
505 Games acquired Australia-based Infinity Plus Two, the developers of the Puzzle Quest games in January 2021. [18]
505 Games is working with Rabbit and Bear Studios to publish Eiyuden Chronicle: Hundred Heroes , a spiritual successor to the Suikoden series. The partnership was announced February 2021. [19]
On 27 June 2022 D3 Go! was acquired by 505 Games. The acquisition also included the intellectual property of the Puzzle Quest games. [20] [21]
In November 2023, 505 Games parent company Digital Bros announced plans to lay off about 30% of its global workforce—around 130 employees. [22] Job cuts continued into 2024, when 505 Games closed offices in Germany, Spain, and France. [23] [24]
In February 2024, 505 Games sold the IP rights to Control back to developer Remedy Entertainment for €17 million. [25]
Games published by 505 Games include Sniper Elite III , Payday 2 , Assetto Corsa , Brothers: A Tale of Two Sons , Terraria , Redout , How to Survive , Defense Grid 2 , Deep Black , Abzû , Adrift , Virginia , Dead by Daylight , Control , Unturned , Indivisible , and the PC and Xbox Series X/S release of Death Stranding . [26] [27] [13] [28] [29]
In April 2015, 505 Games was awarded the title of Best Indie Games Label at the MCV Awards. [30]