Tencent Acquires Minority Stake In Yooka-Laylee Developer Playtonic

Tencent has acquired a minority stake in Playtonic, the developer behind Yooka-Laylee and its 2D sequel, Yooka-Laylee and the Not possible Lair. 

This information comes by means of Playtonic, which introduced the information in a blog post made at the moment. The studio says it can retain “full artistic management over its IP” and can use Tencent’s funding funding to scale from its present construction to an even bigger one. 

“Playtonic…will use the funding to scale from their present one workforce construction to a number of groups, with an emphasis on hiring various expertise from close to and afar, enhancing their HQ, in addition to trying to develop in new areas,” Playtonic’s weblog submit reads. 

Playtonic founder Gavin Worth says Tencent’s funding will assist the studio scale-up and fast-track the “super-exciting, super-secret initiatives we’ve been maintaining near our treasure chests.” The growth of the studio has already begun, too, with Playtonic hiring Danny Spiteri, previously of Uncooked Fury and Group 17, as its new Head of Publishing. 

For extra Playtonic, take a look at our ideas on its first recreation in Game Informer’s Yooka-Laylee review after which learn what we considered its 2D sequel in Game Informer’s Yooka-Laylee and the Impossible Lair review after that. 

Are you enthusiastic about the way forward for Playtonic? Tell us within the feedback beneath!

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