Playtonic Sells Minority Stake To Tencent Will Retain Creative Control
Derby-based game developer Playtonic announced to have sold a minority stake to Tencent. The investment will reportedly allow the studio to grow from one team to multiple teams, expanding their HQ and potentially adding new locations as well. Playtonic is also set to retain creative control over its IP. Gavin Price, Founder of Playtonic, shared this statement: Moreover, Playtonic also hired Danny Spiteri as the new Head of Publishing. He’ll oversee the publishing side at Playtonic Friends (which already released games like BPM: Bullets Per Minute)....