#Telltale games game of thrones license#
Subsequently, the company took over the current publishing support of those games it has acquired the license to for digital platforms such as Steam. The company had also sought to bring back former Telltale employees to support these efforts. Among the company's plans were to republish the back catalog of Telltale Games they had acquired, working with Athlon Games as a publishing partner. On AugLCG publicly announced the acquisition of much of the Telltale Games assets, and that it would be doing business as Telltale Games in the future. Athlon Games also became a shareholder in the company as part of the deal. The acquisition was completed by August 2019. LCG gained a number of investments to help secure the purchase, including Athlon Games and video game industry figures Chris Kingsley, Lyle Hall, and Tobias Sjögren. Negotiations took over six months, complicated by the number of companies involved in the IP rights. In February 2019, the company started to negotiate with Sherwood Partners, the company managing the liquidation of Telltale's properties, to acquire much of remaining Telltale licenses and games. LCG Entertainment was incorporated under the Delaware General Corporation Law on December 27, 2018, with Jamie Ottilie and Brian Waddle acting as chief executive officer and chief revenue officer, respectively. Several of the licensed properties were taken back by the IP owners notably The Walking Dead games were acquired by Skybound Entertainment, and the company brought in much of the former Telltale staff to complete The Final Season in 2019.
However, after a few major deals fell through in September 2018, Telltale announced its immediate closure, cancelling all current projects, and by October 2018, had filed for assignment.
A major shift in leadership occurred in 2017 to try to refocus the company on improving the quality, with The Walking Dead: The Final Season (the fourth in the series) aimed to demonstrate this new approach while the company worked on improving their financial situation. While the studio continued to build on its successes, the period leading up to 2016 created a lot of internal strife within Telltale, focusing on quantity of titles released over quality, and led to underperforming sales of hastily-produced titles. The Walking Dead helped Telltale establish major licenses from other franchises, among which included Batman and the Fables comic. While its earlier titles were modest successes, the studio had become successful with its release of the licensed property The Walking Dead in 2012. The original Telltale Games had become an established studio in producing episodic adventure games. See also: Telltale Games § Majority studio closure and aftermath (2018)
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