IbizaPocholo
NeoGAFs Kent Brockman
Tencent has acquired a minority stake in Yooka-Laylee studio Playtonic | VGC
The Derby-based developer and publisher will retain full creative control…
www.videogameschronicle.com
While the Chinese gaming giant will own part of the Derby-based company, which is the developer of Yooka-Laylee and its sequel Yooka-Laylee and the Impossible Lair, Playtonic said it will retain full creative control over its IP.
The studio will use Tencent’s investment to expand from a single team to multiple teams, with “an emphasis on hiring diverse talent from near and afar, improving their HQ [and] looking to expand in new locations”.
“Six years ago we built a cool, exciting rocket ship, set a course we think is right and exciting,” said Playtonic founder Gavin Price.
“We are thrilled that Tencent agrees with that course and has provided some rocket fuel to further the reach of our mission.”
He added: “With Tencent’s help we can scale up and fast-track the super-exciting, super-secret projects we’ve been keeping close to our treasure chests too. Things are going to get Bat Ship Crazy over the next few years! Please imagine a wink emoji right now.”
