More Companies Are Backing Out Of E3 2023

More Companies Are Backing Out Of E3 2023 As Sega and Tencent Join The List - E3 Canceled

If E3 is going to happen in June, it’s going to feel even lighter. A new report from IGN confirms that two more companies are backing out of E3 2023: Sega and Tencent.

This comes on the heels of Ubisoft backing out after initially confirming its presence. Instead, it will host its own show on June 12 outside of E3.

“After careful consideration, we have decided not to participate in E3 2023 as an exhibitor,” Sega told IGN. “We look forward to sharing more information on announced and unannounced projects in the future.”

Tencent also confirmed it wouldn’t be at E3 2023 via a company spokesperson.

IGN did mention it reached out to other publishers and developers, but many hadn’t responded at the time of the story’s publishing. One company that didn’t give a definitive answer to the outlet was Bandai Namco.

With Sega and Tencent now backing out, it now puts the list at six known major companies. Previously, it was confirmed that Sony, Microsoft, and Nintendo all would be skipping the show this year.

One studio that is still expected to be a part of the show, should it still happen, is Konami. The latest rumors suggest that E3 2023 is when it will reveal the Metal Gear Solid 3 remake along with a new Castlevania project.

Insider Gaming has reached out to ESA and ReedPop multiple times regarding the status of E3 2023 with companies backing out. So far, neither party has responded to requests.

Want more Insider Gaming? Check out the latest details on Saints Row and its content plans for 2023.