Ed Daly
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Still Wakes The Deep dev The Chinese Room signs with Lyrical Publishing for new title
BAFTA-winning studio The Chinese Room has partnered with new publisher Lyrical Games for its first new intellectual property since separating from Sumo Group. Lyrical Games will provide full financing and strategic support while ensuring the studio retains IP ownership. This collaboration marks a significant step for The Chinese Room, known for titles like Still Wakes the Deep and Everybody's Gone to the Rapture.
Lyrical Games announces full-financing publishing deal with The Chinese Room
Independent game publisher Lyrical Games has secured a full-financing publishing deal with developer The Chinese Room. This agreement will provide The Chinese Room with complete funding, strategic production support, and go-to-market planning while preserving their creative autonomy and IP ownership. Lyrical Games CEO Blake Rochkind highlighted the company's focus on filling the 'lost middle' in game financing for double-A titles.
Why Hiro is bullish on UK and EU game dev funding after helping The Chinese Room and Bulkhead go independent
Hiro Capital, through its new advisory division, is bullish on the UK and EU game development funding landscape, seeing a rise in independent studios formed by experienced teams. The firm has already assisted The Chinese Room and Bulkhead Interactive in regaining independence from larger corporations. Factors like regulatory limitations on US investment for Asian companies and the availability of talent exiting larger firms contribute to Europe's attractiveness for game dev investment.