Katsuhiro Harada, the acclaimed director of the Tekken series, has launched a new studio named VS Studio under the umbrella of SNK Corporation. Harada departed from Bandai Namco after three decades to lead this Tokyo-based venture, aiming to create innovative games in a collaborative environment. The studio's formation is notable due to SNK's ownership by Saudi Arabia's Electronic Gaming Development Company, a subsidiary of the Public Investment Fund, which has drawn scrutiny over human rights concerns. AI
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RANK_REASON Launch of a new studio by a prominent game director, with implications for SNK's ownership structure. [lever_c_demoted from significant: ic=1 ai=0.1]