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Sony’s Concord reportedly cost $400M to develop | VGC
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...on what?
I could take one look at those models and animations and tell you it wasn't cheap. Then probably a lot of money went into those CG cut-scenes that were intended to be rolled out weekly.
Just heard the story. Apparently it cost 200m by the point they presented the alpha and it was absolute crap. So Sony put another 200m into outsourcing the work asap to fix it.
Salaries and servers.