• Tencent Acquires Minority Stake in Dontnod

    After last week’s announcement that Tencent has purchased a majority stake in Klei Entertainment, Dontnod has revealed that the Chinese conglomerate has purchased a minority stake in their company. According to this press release, Tencent has offered the studio €30 million in capital to expand into more self-published games....
  • Klei Entertainment

    Tencent Acquires Majority Stake in Klei Entertainment

    Tencent has acquired a majority stake in the Vancouver-based game development studio, Klei Entertainment. The developer being games Don’t Starve, Mark of the Ninja, and Hot Lava confirmed the news on their forums. The Chinese-based megacorporation has a stake in other large companies like Epic Games and Riot Games,...
  • Tencent Purchases Rights to System Shock 3

    Chinese multinational conglomerate Tencent has made the move to purchase the rights to System Shock 3 from current developer OtherSide Entertainment. While the news sounds good, involvement from Tencent is usually paired with caution. In an almost too-brief message on the official website for OtherSide, the studio confirmed in...
  • Tencent Plans on Buying Funcom

    Tencent is one of the biggest Chinese gaming companies around, and over the years, they’ve expanded and put their fingers in everything. They own stake in companies like Ubisoft, Riot Games, Epic Games, and more. When you have unlimited amounts of money at your disposal, you are bound to make bold...
  • Fortnite Drew $3 Billion In Profit For Epic Games In 2018

    After ramping up in 2017, Fortnite continued an upward trend and ending off 2018 flush with cash. Tech Crunch reports that Epic Games had a stellar year due to the success and popularity of Fortnite, leading to the company’s valuation of $15 billion USD. This news comes not long...