Baldur's Gate was always owned by WotC, it was a licensed DnD game. They just gave the license to Larian to develop 3 since Bioware wasn't up to it anymore.
Mass Effect is owned by EA. They may task some other internal studio with developing a followup sometime in the future, but I honestly doubt it. They almost certainly will never sell or even license it.
That said, the upcoming Expanse game looks fairly Mass Effect-coded, and Exodus) is effectively a spiritual successor to ME, even having a number of the key developers who were responsible for ME 1 and 2.
They're not action RPGs, but if you're looking for a developer who's carrying that same spirirt forward check out Owlcat Game's Pathfinder and 40k games.
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u/jkman61494 8h ago edited 8h ago
So I'm not a gamer expert.
But how was Larian able to procure and publish Baldur's Gate 3?
Is there any chance a smaller studio could get rights to Mass Effect to make it?
I'm guessing the answer is no, but I always found it weird BG3 was able to be produced. Was that a special deal with Hasbro?