Tencent is reportedly looking to back out of several studio investments like Story of Seasons developer Marvelous, but…
Tencent is reportedly looking to divest from several minority investments in video game studios, including a 20% stake in Marvelous, the developer of Story of Seasons. This reassessment of its portfolio may involve selling stakes back to original management, even at a loss. Investments in studios like PlatinumGames and FromSoftware are reportedly unaffected.
Retro Gamer
- Entities
- Lost Records
- Daemon X Machina
- DON'T NOD
- Investment
- Portfolio Management
- Kadokawa
- Tencent
- Epic Games
- Elden Ring
- FromSoftware
- Life is Strange
- Story of Seasons
- Shift Up
- Aphelion
- Marvelous
Original source
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