Tencent acquires minority stake in Playtonic to fund expansion
Summary
“The countdown to today has included (deep inhale)… our record breaking Kickstarter for Yooka-Laylee, growing the buddy-duo’s reach with the acclaimed Yooka-Laylee and the Impossible Lair, establishing Playtonic Friends and the successful launch of its first three titles – BPM: Bullets Per Minute, A Little Golf Journey and Demon Turf, signing 3 further incredible beauties in L’il gator Game, Victory Heat Rally & Blossom Tales 2 – The Minotaur Prince, and all the while still being cool (ask our parents)! Please imagine a wink emoji right now.” The studio has already taken the first step on its ongoing journey with the hiring of Danny Spiteri, formerly of Raw Fury and Team 17, as Head of Publishing. Danny coming in allows the Playtonic Friends-ship to be steadied and captained to new ports, freeing up deck swabs like Studio Head Gavin Price and Exec Producer Andy Wilson to spend more time on the development side of things. The array of titles that’s already been published is quite something and I’m excited to see how I can add wind to the sails to help us build on the momentum we’ve already amassed to power us into 2022.” This initiative has seen the successful launches of BPM: Bullets Per Minute on Xbox and PlayStation consoles, narrative puzzler A Little Golf Journey for PC and Switch and the critically acclaimed Demon Turf launching on six formats, including dedicated “next gen” versions. The internal development teams remain super busy and look forward to sharing more on all projects including ‘T…[fax paper ran out, sorry!]