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Life Is Strange Dev Dontnod to Create New IP After Tencent Buys Minority Stake

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Tencent has purchased a minority stake in Life Is Strange developer, Dontnod, to create new IP.

This minority purchase cost Tencent €30 million, or roughly $36 million, and will be used to finance a new IP from Dontnod for PC, consoles, and mobile devices. The funding will also be used to allow Dontnod to self-publish whatever this new IP becomes.

“The funds raised will mainly be used to finance the ramp-up of Dontnod’s strategy to develop new self-published intellectual…

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