Report: Evolution cost Sony $33M

PS3-maker's purchase price of Motorstorm development house revealed; cofounder banked $24 million.

by

At this year's Tokyo Game Show, Kaz Hirai made several announcements in his opening keynote speech: Dual Shock 3 would be coming for the PlayStation 3, Home would be delayed until spring 2008, and Sony had acquired Evolution Studios and subsidiary BigBig Studios.

The financial details of the deal were not disclosed at the time of the deal, but the Liverpool Daily Post is now reporting that Runcorn, Cheshire, UK-based Evolution Studios set Sony back £16 million (approx. $33 million).

According to the report, cofounder Martin Kenwright, who owned a 75 percent share in the company, made £12 million ($24 million) from the sale. The report also indicated that Kenwright and the studios' other founder, Ian Hetherington, will be leaving the company, although no jobs will be cut as a result of the management changeover, and the company will remain in its Runcorn base.

Kenwright and Hetherington founded Evolution in 1999--Hetherington had previously founded Psygnosis, and Kenwright had run Digital Image Design. The company is most famous for the PlayStation 3 driving game MotorStorm, as well as other driving titles including WRC: Rally Evolved.

Evolution is currently working on downloadable content for the original MotorStorm, along with a sequel to the game, due in 2008.

Discussion

137 comments
mike-g
mike-g

Yo guys have none of you been checking out the games lately? There's loads of games coming out (alone in the dark, condemned 2, fracture, dark sector, prototype) and when you're talking about just exclusives for PS3 don't forget about MGS 4, FF XIII, Resistance 2, Eight Days, Motorstorm 2, Singstar Vol.2, LittleBigPlanet, Killzone 2, Warhawk etc... I'm sure there's something for everyone!! This is LIving.

PS3Champ
PS3Champ

GO SONY! GO SONY! Sony gonna own 360 and Wii for sure by the end of 2008. TAKE THAT MICROSOFT! All they do is make Halo and Gears of War, if it weren't for those two Xbox would be done for. If Sony can make some killer FPS game to kill Halo once and for all, then Xbox is finished with. I'm sure of it. Looks like Unchartted mught be the GOW killer.

KingOfTheNubeis
KingOfTheNubeis

AT LAST!!! GET the GAMES OUT!! Spend money on getting software out there. I bet that poor sod in the Sony Boardroom screaming "More money on software you tight gits!!" must be doing a Jig :)

superbeast1370
superbeast1370

Motorstorm is awesome, great move for Sony. MS is taking a swift kick in the ass since they lost Bungie, Bizare Creations, and Bioware/Pandemic.

collaspedasd
collaspedasd

i hope u can play tracks that u beat with all the cars normally not in poper mode and more extra things like time attack

GrimBee
GrimBee

Phil Harrisons favourite game will soon become Phil Harrisons favourite sequel :D

OMGitsZAL
OMGitsZAL

Motorstorm 2 will be awesome. I can't wait. I just hope it will be kinda longer than Motorstorm 1. I got gold in all the races in 5 days (2 hours play each day).

powerframe8
powerframe8

Sony go out of business? I don't see them sucking when it comes to tv's, dvd/bluray players, cellphones, mp3's, laptops, computers, cameras, etc. Nintendo sucked at Gamecube, litterally the worst system last gen. And did they go out of business? I think not. PS3 may be getting S$%T now because of the lack of games, but eventually itll do better. It may never see "first place", but Sony is FAR from dead.

bihboy69
bihboy69

they should make jungle area and snow. rain could be cool too. if a sequel is ever made

playstation_wii
playstation_wii

Worth it. Motorstorm was awesome. Just add a little bit more substance to the gameplay and the games will be gret! :D

capitalthoughts
capitalthoughts

As more and more exclusives jump the Titanic that is PS3, Sony is trying to secure a few good companies. Everybody in the industry was drooling over what the PS3 would do to videogames, and so far, it has left people wanting. The constant price and system format juggling only reveal that the system is struggling at this point. It is too time consuming and too expensive to develope on, and with only about 6 at most wonderful games to play, it is not driving anyone to purchase it. No single company truly owns a market. Sony thought they did and this is why they are in the position they are in today.

SalarianChemist
SalarianChemist

This is a perfect example of why it's not a good idea to buy a game company like that. EA might want to pay attention to this before they buy Bioware. Sony bought the game company, and the Intellectual Property names of the games that they own, but the employees are something that Sony does not own. The two founders--the men who provided supervising management--are now leaving the company!

Colsworl
Colsworl

This seems like a bargain after hearing what EA has paid for Pandemic and BioWare. Oh and regarding Sigil-otaku's message. MotorStorm is a completly different game to GT. GT is a simulation of real cars on real tracks while MS is a thrill ride on made up tracks in made up viechles. Each appeal to different people.

Sigil-otaku
Sigil-otaku

@ itisa87: I wouldn't be so sure, Bioware is a much better company than evolution based on last gen but bioware hasn't had any next gen titles released yet has it? Mass effect does look a lot better than Motorstorm though. I admit not 26 times better but they are a much more interesting company and handle better games (KOTOR, Jade empire, Mass effect etc.). Just look at how much each company was bought for. MS did pay for those to be exclusive and Sony will have payed for half of it's exclusives too, whats your point?

Sigil-otaku
Sigil-otaku

I wonder why they'd bother when GT5 will probably be much better than Motorstorm. Sony should have bought a good FPS or RPG company to set them on top because now MS is coming out with a few more RPG's (Fable 2, Lost oddyssey, blue dragon, Kingdom under fire: circle of doom, Mass effect and more) the PS3 needs to get the RPG market covered again. FPS is owned by MS, racing by Sony, RPG by any (no real winner yet but MS has more), and action games I'm not sure. Doesn't seem to have cost them much and its good to see Sony investing in British talent so it's a good move either way.

itisa87
itisa87

jeez,it just 33m for peep sake,ea purchase bioware/pandemic for 860m,does that means bioware/pandemic is around 26 times better than evolution studios?of course not,it just bussiness,speaking about cost,i wonder how much microsoft paid for..let see,bishock,gears of war,mass effect,and pretty much all the xbox games..

wars45
wars45

motor storm not bad 2 will be ace lol

PS360owner
PS360owner

Well, I suppose for Sony this is a big purchase. It's a pity that they can't afford to make some more purchases, as the PS3 needs more games.

shadowwolfff
shadowwolfff

Some hate motorstorm some like it. I think motorstorm is cool. Playing online is fun. Motorstorm 2 is going to be crazy, imagine more modes, diff weather like snow, ice, rain, and more vehicles. I cant wait for the sequel. $33 aint to bad of a loss. Heres hoping motorstorm 2 will be a extravaganzza fun mud in yourface game that takes you for a hip balling mind blowing joy ride

nintendorocks
nintendorocks

$33 million?! While that isn't a huge amount, what exactly has Evolution done to deserve that? They made a mediocre Playstation 3 racing game. Wonderful...

sonic2010
sonic2010

motorstorm was great and still.

Zerosumgame
Zerosumgame

X CAPCOM X, good point, these articles are set out to confuse and control the so call gamers, this is their objectives. To undermine foreign companies is just one of those objectives.

X_CAPCOM_X
X_CAPCOM_X

Why does the article say 'set back Sony by 16M' ? You really think 16M is a set back for Sony... its like small change man, small change! -thefjk LOL. Also, about 5 articles above this one, EA purchases Bioware for 860M! LOL @ "Set sony back 33M." EA got "set back" 860M. What a bad attempt at making sony look weak.

Jedi_Osborn
Jedi_Osborn

wow, with 33 million you could by a couple PS3's......sorry, the price thing has been beat to death, but I couldn't resist.

gamist
gamist

thefjk Uhhh $16m can buy you a good development team to push Motorstorm even further.

Orgando
Orgando

I thought Motorstorm was a reallycool game.

mortal12
mortal12

motorstorm is the best game on ps3

thefjk
thefjk

Why does the article say 'set back Sony by 16M' ? You really think 16M is a set back for Sony... its like small change man, small change!

woofie13
woofie13

lol, what's wrong with you guys? Motorstorm was a really fun game... who cares if it gets AAAAAA or whatever you guys call it... I would love to see more from evolution.

Latinbro1
Latinbro1

They bought a studio that made an "ok" racing game? Unless Motorstorm 2 takes the formula and injects it with some of that good S**& to make it awesome than the acquisition will just have been an "ok" investment as oppose to a good one.

snipe2004
snipe2004

Sony should have bought Bioware instead of Evolution studios

matias8six
matias8six

This is nothing for sony. , the ps2 have been selling more game titles then the 360 since the begining of the year. bungie invested alot on halo3, on commercials, burger king, mauntain dew. maybe it paid off the first day, but the creators of motorstorm are are a new company comparing to bungie(DON'T HATE ON THEM). the most important thing is SALES. mario galaxy will sell more than halo 3 in the first day, because there are more Wii than 360s out there. and is rated E. PS3 prices are to expensive thanks to the blue-ray. But it will paid off in the future with HOME comes out, its free and it will be better than xbox live that you have to pay 80 per year for online gaming and downloads.sony invest money for the future games, not just on shooters or taking OTHER exclusives like microsoft loves to do . the gaming industry have change a lot, game producers are making more than hoolywood stars. Series like call of duty 4 will make a lot sells because their game is in every console. NOW THAT'S SMART.

LockdownLA
LockdownLA

ROFL I can't believe all the nubs that think this was a good move!

budboarder
budboarder

To everyone bashing motorstorm, shut up please, i mean the game was rated a 7.9 by Gamespot and 8.4 by users. Thats especially good for a racing game thats not a simulator. Plus 8.4 by the people that actually play the game is a good freakin score. So before you go all out saying it sucked why dont you look at reviews by people that actually played the game.

anzagi1
anzagi1

Netherscourge, isn't $400 cheap enough for you? gees, some people want everything for free

killaaaaa2002
killaaaaa2002

hey bestco gta 4 is delayed cause they are trying to figure out how to fit it on the 360 disc for the core owners,do u not rember they said not everybody has a hard drive and not there is not enough disc space

ukillwegrill
ukillwegrill

motorstorm was possible the most overated peice of crap ever

chamber303
chamber303

Netherscourge make ps3 cheaper? you crazy dude? do you want a 1000$ house with that?

munsoned
munsoned

not a bad price to pay, even tho motorstorm didnt have many features or game modes i still enjoyed the game alot. and im sure sony has made its money back just on that game alone.so good deal sony

Azhar85
Azhar85

what the heck is this....nothing special.....

bestco
bestco

Lol, MS paid Rockstar more than $33m for GTA? lol, some of you Sony fanboyz are on crack. How about posting a link for verfication first before making yourself look like a fool? How about I say Sony paid Rockstar more than MS paid Rockstar just to delay the release of GTA V so that the PS3 version can be released at the same time as the Xbox360 version and not look inferior? Yeah this has been a well know "rumor" in the industry.

Netherscourge
Netherscourge

They just wasted 33 million on a studio that hasn't made anything decent... Another brilliant decision... Why not use that 33 million to research making the PS3 MORE AFFORDABLE???

Ices100
Ices100

Lol sony is going to be out of business soon.