Life is weird Dev Dontnod to create new franchise after Tencent buys minority stake

Tencent bought a minority stake in Life Is Strange developer Dontnod to create new series. Tencent cost Tencent € 30 million, or about $ 36 million, and will be used to fund a new Dontnod franchise for PCs, consoles and mobile devices. The funding will also be used to enable Dontnod to self-publish whatever this new game becomes.

Tell me why official screenshots

The funds raised will be used primarily to build Dontnod’s strategy to develop new self-published intellectual properties worldwide on computers, consoles and mobile platforms, thus taking full advantage of positive industry trends for creators of international. well-known games like Dontnod, ”reads a press release from Dontnod.

In terms of what this new series will be, it’s someone’s guess, although one can assume it’s in the style of games that Dontnod has continued to make over the years, such as Life Is Strange, Tell Me Why and Twin Mirror. These are third-person narrative-based games that allow the player to make choices that affect the outcome of stories and solve small puzzles along the way.

According to Dontnod, Tencent’s purchase is part of a total capital increase of € 40 million that comes through an accelerated bookbinding process. The studio also announced a “simultaneous signing of a business collaboration agreement with Tencent”.“We are delighted to welcome Tencent as an investor of Dontnod,” said Oskar Guilbert, chairman and CEO of Dontnod. “This is a true expression of confidence from a key online leader, who is behind a number of success stories and has invested in several leading companies in the video game industry. Through this partnership, Dontnod has been excellently positioned to benefit from the various growth drivers. in the video game industry, particularly in China and on mobile platforms, in collaboration with an industry leader.The capital increase announced today will enable us to develop our development plan, which aims to increase the value of our original creators by publishing more games themselves. ‘

While you wait for whatever this new franchise is, check out our thoughts on Dontnod’s latest two games in IGN’s Tell Me Why review and Twin Mirror review. Read this story about a new narrative survival game subsequently developed by the new studio of a co-founder of Dontnod.

Wesley LeBlanc is a freelance news writer and guide for IGN. You can follow him Twitter @LeBlancWes.

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