Bloomberg's Jason Schreier has just published a new report detailing the collapse of Last Sentinel, the ambitious open world crime game backed by Tencent that was meant to go toe-to-toe with Grand Theft Auto. According to Schreier, the project has now effectively been shut down (although Tencent disputes this; more on that later) after six years of troubled development, with roughly 80 layoffs hitting the studio behind it this week. That studio was Lightspeed LA, which got founded in late 2019/early 2020 by Steve Martin, former head of Rockstar San Diego. Based in Irvine, California, the studio set out to […]

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At GDC 2026, LightSpeed Studios, a subsidiary of Tencent, unveiled its commitment to creating original IPs through a new initiative that leverages world-class talent, including Creative Director Feng Zhu and Motion Capture Studio Manager Kristin Gallagher. Known primarily for PUBG Mobile and Final Fantasy XIV Mobile, the studio now has several AAA projects in production, including Last Sentinel (an open world action game announced at TGA 2023 and set in a dystopian version of Tokyo) and an action game in development by former Dragon's Dogma and Devil May Cry designer Hideaki Itsuno, who joined LightSpeed in late 2024. We had […]

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