Terraria/Payday 2 Publisher 505 Games Now Focusing on Developing Own IPs

505 Games, which has helped publish a number of critically-acclaimed titles, has said that it’s now focusing on developing its own IPs going forward. Company boss Ian Howe told MCV UK that 505 has been working diligently on unannounced projects that should launch in the next couple of years. 

A lot of our past success has come from other people’s games, and whilst we’re happy to still have this play a part in our future, it’s critical that we develop our own brands.

We’ve been working hard on unannounced IPs that will launch in the next couple of years. We encourage everyone at 505 to think about the types of games they want to make. If we think the idea is strong enough, then we’ll make it. In that respect we’re taking an approach closer to that of a developer than a publisher.

Howe also said that 505 will be unveiling a wholly-owned IP in the next couple of weeks. 

We’ll update our readers as soon as we have more information on the publisher’s upcoming projects.

[Source: MCV UK]

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