Hi-Fi Rush Devs Have Been Rescued. They Were Brought by the Publisher of PUBG
Tango Gameworks is alive after all. The developers of Hi-Fi Rush have been acquired along with their brand by Krafton (PUBG) to provide players with more „fresh and exciting experiences”.

The developers PUBG publisher. Krafton has announced that it has acquired the Tango Gameworks studio, including the rights to the aforementioned brand (via GamesPress). It was also confirmed that the purchase won't affect the developer's "existing game catalog."
The same thing was said by a Microsoft representative in a statement for Windows Central.
We're working with Krafton to enable the team at Tango Gameworks to continue to build games together and we look forward to playing their next great game. There will be no impact to the existing catalog of Tango games.
The Japanese team was by no means the only studio to close in the last year. Nonetheless, for many people, this was a particularly curious case. The termination of any developer is painful, but the closure of a studio that released a widely praised title like Hi-Fi Rush is a slightly different matter than firing a developer with no titles under their belt (or one whose most recent project was a failure). Even if the popularity of the game outside of Game seemed to justify Microsoft's decision.
Krafton's future plans in relation to the acquisition of Tango Gameworks haven't been officially confirmed. In the press release, the publisher only mentioned that the company intends to the studio in "continuing its commitment to innovation and delivering fresh and exciting experiences for fans." Jason Schreier recalled in May that the band had considered making a sequel to Hi-Fi Rush before closing down.
- Microsoft Shut Down Bethesda's Hi-Fi Rush and Redfall Studios
- Final Words From Redfall and Hi-Fi Rush Devs. After 2559 Days, Players Lost Hope for Prey 2 Announcement
- 'We Need Smaller Games That Give Us Prestige and Awards.' This Statement by Xbox Game Studios Head Surprised Not Only Hi-Fi Rush Devs