Jagex Hasn't Changed Hands Yet, Sale Is "One Of Various Possible Outcomes"

Jason Winter
By Jason Winter, News Editor July 11, 2019
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Jagex may not be changing hands after all -- at least not yet. Despite reports from earlier this week that the RuneScape maker had been sold to an American company, Jagex is now denying the move, with Director of Communications Rich Eddy saying that a potential sale is "one of various possible outcomes and is an evolving situation."

According to Eddy, via GamesIndustry, "Jagex has never been in better shape," though he acknowledged that parent company Fukong Interactive is "looking to restructure its debt, which has resulted in recent announcements regarding a potential sale."

This turn of events strangely mirrors what happened the last time Jagex changed hands. In March of 2016, it was reported that Jagex was purchased by Chinese mining company Shangdong Hongda (of which Fukong is a subsidiary), only to have the news countered a few days later by Jagex, who said that they were only in "early stage discussions with the firm in question" and that the talks "may – or may not – materialise into anything." Four months later, the sale was finalized and confirmed.

So we might have a bit longer to wait before any solid news emerges on this front, but the old adage of "where there's smoke, there's fire" probably rings true. If history is any guide, we won't have too long to wait to determine exactly who, if anyone, will be taking the reins of the company.

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In this article: RuneScape, Jagex.

About the Author

Jason Winter
Jason Winter, News Editor
Jason Winter is a veteran gaming journalist, he brings a wide range of experience to MMOBomb, including two years with Beckett Media where he served as the editor of the leading gaming magazine Massive Online Gamer. He has also written professionally for several gaming websites.

Discussion (3)

Pddp 2 years ago
Runescape seems like a good option for community ownership. Have the people buy in

some random scottish guy 2 years ago
So they thought of selling Jagex, and polled in game if they should add sponsored micro transactions. The poll was a landslide against micro transactions and Jagex removed the poll early due to landslide victory against micro transactions. Now they are claiming there not selling to this company...fishy fishy goings on I just hope they dont force it on oldschool runescape to have any kind of cash shop that will ruin the game just like runescape 3 was ruined with MTX and is now a dying game while oldschool continues to grow and grow.

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