HB Studios

HB Studios

Sports video game developer across platforms

About HB Studios

Simplify's Rating
Why HB Studios is rated
C
Rated C on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Consumer Software

Entertainment

Gaming

Company Size

51-200

Company Stage

Acquired

Total Funding

N/A

Headquarters

Lunenburg, Canada

Founded

2000

Overview

HB Studios is a Canadian game developer that creates sports video games for consoles, PC, and iOS. Its products are distributed under the 2K publishing label, a division of Take-Two Interactive. The company’s games are built by a team of around 100 developers in Lunenburg, Nova Scotia, and are designed to feature immersive, high-quality sports experiences for fans and players. HB Studios earns money from selling games, offering in-game purchases, and partnering with other industry players. The studio differentiates itself through its steady focus on developing polished sports titles while maintaining a strong community presence and a healthy work-life balance for employees. Its goal is to deliver engaging sports gaming experiences while collaborating with major franchises and supporting local communities in the south shore area of Nova Scotia.

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Simplify's Take

What believers are saying

  • Shipped over 50 titles selling 28 million units.
  • Generates $29.3 million annual revenue with 100 employees.
  • Diversified portfolio includes rugby, cricket, and Rock Revolution.

What critics are saying

  • EA Sports captures 80% golf market, cuts 2K23 sales 40%.
  • Rugby 25 sells 60% fewer units than Rugby 22.
  • Take-Two cancels PGA Tour 2K25 due to poor ROI.

What makes HB Studios unique

  • HB Studios specializes in sports video games like PGA Tour 2K21.
  • Founded in 2000 by Jeremy Wellard in Nova Scotia.
  • Acquired by 2K on March 16, 2021 for enhanced resources.

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Benefits

Hybrid Work Options

Company News

Entrevestor
Jan 31st, 2023
Shiftkey Labs To Offer Game Design Crash Course

With the video game industry enjoying increasing prominence in Atlantic Canada, Dalhousie University’s Faculty of Computer Science is getting in on the action with an event from Feb. 3 to 5 that promises to teach novice developers the basics of coding video games.Global Game Jam, as Dalhousie dubs the event, will last 48 hours and teach participants to design and develop a video game from scratch. Among the Game Jam's private sector sponsors is rural innovation hub Ignite Atlantic.Video game developers have begun to comprise an increasingly significant portion of Atlantic Canada’s IT community in recent years.Lunenburg’s HB Studios was sold to California-based 2K Games after it signed popular golfer Tiger Woods in a headline-making 2021 deal. In P.E.I., the newly formed Iron Fox Games has hired 21 people in eight months. And Ubisoft and Microsoft both have offices in Halifax.Registration is free, and Dalhousie’s ShiftKey Labs said in a statement it expects about 200 attendees. You can learn more and reserve a spot here

VentureBeat
Mar 16th, 2021
2K Sports acquires HB Studios, signs PGA Tour 2K deal with Tiger Woods

2K Sports has acquired PGA Tour 2K developer HB Studios, and it's also signed a multiyear deal with Tiger Woods.Read More

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