PlatinumGames Receives Capital Investment From Tencent To Aid With Self-Publishing

The Japanese studio will, however, retain its independence.

Posted By | On 07th, Jan. 2020

PlatinumGames Logo

PlatinumGames recently promised that they’d have “big news” to share about several things in early 2020, and while we’re going to have to wait a little longer as far as updates on their games are concerned, they have indeed shared some pretty big news. The Japanese developer has announced a partnership with Chinese giant Tencent.

The partnership comes in the form of Platinum receiving capital investment from Tencent. The studio plans to use these extra funds to expand into self-publishing – something they’ve expressed interest in several times in the past – and to “strengthen [their] foundation as a business.” The studio also hopes the partnership will give them “a wider global perspective.”

In spite of the injection of funds from Tencent, PlatinumGames will retain their independence, which is something that the partnership will have “no effect” on, with the studio stating that it will “continue operations under our current corporate structure.”

PlatinumGames are currently working with Nintendo and Square Enix on upcoming titles Bayonetta 3 and Babylon’s Fall respectively, though they also have a new unannounced game in the works- which, apparently, is one of several such projects.


Tagged With: ,

Amazing Articles You Might Want To Check Out!

Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

Metro Awakening Interview – Bringing the Horrors of Metro to VR

Metro Awakening Interview – Bringing the Horrors of Metro to VR

Game director Samar Louwe speaks with GamingBolt about the Metro franchise's virtual reality debut.

S.T.A.L.K.E.R. 2: Heart of Chornobyl Has Gone Gold

S.T.A.L.K.E.R. 2: Heart of Chornobyl Has Gone Gold

Over three years since its reveal, the survival shooter will finally launch on November 20th for Xbox Series X...

Sony on Concord’s Failure: “We Are Still in the Process of Learning”

Sony on Concord’s Failure: “We Are Still in the Process of Learning”

"We probably need to have a lot of gates, including user testing or internal evaluation," said COO and CFO Hir...

Overwatch 2 Developer Teasing Mysterious Trailer for November 11th

Overwatch 2 Developer Teasing Mysterious Trailer for November 11th

The trailer could be for the rumored mobile version of Overwatch. Current general manager Walter Kong allegedl...

Death Stranding Surpasses 19 Million Players

Death Stranding Surpasses 19 Million Players

Kojima Productions' open world title launched for PS4 in 2019, before coming to PC the following year, and is ...

Top 15 Xbox Series X Games With Stunning Graphics [2024 Edition]

Top 15 Xbox Series X Games With Stunning Graphics [2024 Edition]

Want to showcase the power of the Xbox Series X? Here are the best games to show of Microsoft's most powerful ...